McClatchy reports that to keep 'peace negotiations' alive the Obama administration has offered US $3 billion in military aid for Israel, including 20  F-35 Joint Strike fighter aircraft, capable of a 15,000 pound payload, and stealth equipped for missions like bombing Iran. F-35 specs.

Israel would also get a promise by the United States to block any UN recognition of a Palestinian State unless Israel granted approval for the action first. Israel would also retain the right to continue settlement building in disputed East Jerusalem. It seems its not only the GOP that views the Obama administration as a candy jar where they can get whatever they want!

In return, Israel would agree to stop settlement building in Palestinian lands outside of East Jerusalem, for 90 days.  At a cost of $3 billion, a 90 day settlement suspension would cost $33.3 million a day to US taxpayers.

The Palestinians are reportedly having second thoughts about their participation in 'peace talks' that, for over 20 years, have led nowhere in regards to releasing them from their disenfranchisement and occupation by Israeli forces. Israeli legislators, who must approve the plan, are also upset at the deal, perhaps arguing that the US could just be lobbied to send the planes to Israel for free anyway, as the aircraft are a vital necessity to ensure the continued survival of the Jewish State, or that it sets a poor precedent for Israel to again suspend or link settlement building to peace talks.