Israel appeared headed to its fourth election in two years on Tuesday after a last-ditch effort to keep the Government afloat and push off the automatic dissolution of Parliament failed.
Negotiations meant to bring about a budget compromise between the Government's two main parties broke down early Tuesday and in a late-night Knesset session, members of the Likud and Blue and White parties voted against a proposal to postpone Tuesday's budget deadline for another two weeks. The measure failed by 49 votes to 47.
If the Government does not pass a budget by midnight Tuesday, Israeli law stipulates that the Knesset dissolve and triggers snap elections in 90 days. Most avenues to evade that deadline have been closed off.
Israeli Prime Minister Benjamin Netanyahu's Likud and Defence Minister Benny Gantz's Blue and White party have been at loggerheads over the national budget issue since forming a unity Government in May.
Netanyahu and Gantz had proposed pushing off Tuesday's deadline by two more weeks in an effort to reach a compromise on the 2020 budget. But members of their own parties voted against the motion in a late-night, 11th hour break from party ranks.
