US offers $300 million to Gaza, rest to pump up Abbas

Reuters, here

"Hamas is not getting any of this money," Wood told reporters in the Egyptian coastal resort, where Clinton arrived late on Sunday on the first leg of a week-long trip to the Middle East and Europe.

"We have to shore up the Palestinian Authority," said Wood.

How much of the U.S. contribution will ultimately materialize is unclear as the funds have to be agreed by the U.S. Congress, which is more focused on fixing an economic crisis, and suspicious that some of the aid will reach Hamas..."