Israel appears headed to its 4th election in 2 years

Israel appeared headed to its fourth election in two years on Tuesday after the failure of a last-ditch effort to keep the government afloat and push off the automatic dissolution of parliament.

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.

Prime Minister Benjamin Netanyahu's Likud party and Defense Minister Benny Gantz's Blue and White party have been at odds over the national budget issue since forming a unity government in May.

Netanyahu and Gantz had proposed pushing Tuesday's deadline back 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.

Once parliament dissolves, Israelis will head to the polls in March for a fourth time since early 2019, this time in the midst of the coronavirus pandemic, a major economic recession and while Netanyahu is on trial for a series of corruption charges.

Netanyahu also faces a challenger from within his own camp, Gideon Saar, who broke from the Likud party earlier this month and has called for the long-ruling prime minister's ouster.

Several members of Netanyahu's party who shot down Tuesday's proposal are expected to join ranks with Saar.