Live Update 
From the Liveblog of
Thursday, January 7, 2016
From the Liveblog of
Thursday, January 7, 2016
Adelson ‘offered $1 billion to finance Iron Dome for Israel’
Jewish-American billionaire and Republican donor Sheldon Adelson offered US President Barack Obama to personally finance $1 billion for Iron Dome batteries set to be deployed in Israel, according to a new report in Politico.
The report stated that the money would be paid through the federal government.
Sheldon Adelson, 2014 (Ethan Miller/Getty Images, via JTA)
Obama declined the offer, made in 2013, saying that private financing of munitions would not set a good precedent, Politico says.
