Transcripts for CNN EarlyStart 20130820 09:31:00 : vimarsana

CNN EarlyStart August 20, 2013 09:31:00

there is late word this morning that the u.s. is temporarily holding up military aid to egypt. not all of it. the decision is not permanent. the u.s. gives more than $1 billion of aid to egypt every year. some u.s. companies have every reason to want that money to keep flowing. >> the obama administration could say enough is enough and cut aid to egypt. but some american companies want to keep that money flowing because they are the ones cashing in. >> you are buying u.s. equipment from u.s. contractors. >> the u.s. doesn't cut a check to egypt, it deposits aid into an account at the federal reserve bank. it pays american contractors to build the weapons and parts for egypt. that includes $400 million for tank kits and $2.5 billion for f-16s. big companies got the contracts in part by sending lobbyists to

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