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Vern Buchanan: Suspend Aid to Egypt

U.S. Rep. Vern Buchanan, R-Sarasota, was on cable news Friday morning announcing his plans to introduce legislation to suspend the $2 billion a year the U.S. spends in aid to Egypt in protest of Mohamed Morsis apparent power-grab.

He added that with the U.S. on the brink of its own fiscal cliff the nation needs to reassess all $52 billion a year spent in foreign aid.

I think we should be speaking up, Buchanan said on Fox Newss Fox and Friends. This is clearly a power grab, thats why people are in the street and thats why I will call for legislation that we freeze the foreign aid until [Egyptian President Mohammed Morsi] gets back on a [path] that makes sense.

Buchanan later went on MSNBCs Morning Joe to continue his call.

Were going bankrupt if we dont figure out how to do this in a big way, said Buchanan. I know how this works after being in business for over 30 years. At the end of the day, you get in the room and dont leave until its done.

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