Doesnt Cuta Check News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> you're buying u.s. equipment from u.s. contractors. >> reporter: the u.s. doesn't cut a check to egypt, it deposits the aid in a count at the federal reserve bank. that money pays american defense contractors to build the weapons and parts for egypt. that includes $400 million to general dynamics for tank kits and $2.5 billion to lockheed for f-16s. big companies sent legions of lobbyists to capitol hill and reminded the government if they can't build weapons to egypt, all the small town suppliers, from ohio, to oxford, michigan, will get buried. >> joe with company "x" has made this piece ...

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 r...

But the obama administration said today it hasn't made its final decision on aid and its review the situation is still, quote, ongoing. one incredibly powerful group wants to keep the money flow to egypt. everything is resting on that for them. chris lawrence has the "outfront" investigation. >> reporter: the obama administration could say enough's enough. and cut aid to egypt. but some american companies want to keep that money flowing because they are the ones cashing in. >> you're buying u.s. equipment from u.s. contractors. >> reporter: the u.s. doesn't cut a check to egypt. it deposits th...

"outfront" investigation. >> reporter: the obama administration could say enough's enough. and cut aid to egypt. but some american companies want to keep that money flowing because they are the ones cashing in. >> you're buying u.s. equipment from u.s. contractors. >> reporter: the u.s. doesn't cut a check to egypt. it deposits the aid in an account at the federal reserve bank. that money pays american defense contractors to build the weapons and parts for egypt. that includes $400 million to general dynamics for tank kits. and $2.5 billion to lockheed for f-16s. big companies got these contra...

That america forks over to egypt each and every single year. but the obama administration said today it hasn't made its final decision on aid and its review the situation is still, quote, ongoing. one incredibly powerful group wants to keep the money flow to go egypt. everything is resting on that for them. chris lawrence has the "outfront" investigation. >> reporter: the obama administration could say enough's enough. and cut aid to egypt. but some american companies want to keep that money flowing because they are the ones cashing in. >> you're buying u.s. equipment from u.s. contractors. >>...