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February 6, 2012 3:57 pm

Billions of Dollars at Stake in U.S. Egypt Spat

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President Obama (right) and former press secretary Robert Gibbs (left) look out Air Force One as it approached Cairo in June, 2009. Photo: wiki commons.

CNN – U.S. aid to Egypt could suffer if Egypt persists in prosecuting 43 people, including 19 Americans, in a crackdown on nongovernmental organizations, White House and State Department officials said Monday.

“We have underscored how serious a problem these actions are. We have said clearly that these actions could have consequences for our relationship, including regarding our assistance programs,” White House spokesman Jay Carney told reporters.

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