U.S. aid to Israel fuels unrest. Since 1987, the Congress has annually been approving a foreign aid bill totaling an average of $3 billion to Israel, $1.2 billion in economical aid, and $1.8 billion in military aid.
After the gulf war, the US has additionally been offering Israel $2 billion annually in federal loan guarantees, which brings the total US foreign aid to Israel to about $5 billion, or $13.7 million per day. This amount excludes the approximate $1.5 billion in total tax-deductible private donations from numerous Jewish charities and individual donors.
This is the largest amount of foreign aid given to a country, and constitutes 30% of the total amount of US foreign aid budget. Israel is an economically, technologically, and militarily advanced country, with a per capita rate higher that that of all neighboring Arab countries. It is ranked as the world's 16th wealthiest country, yet the US aid to Israel constitutes 30% of the total US foreign aid budget.
2006-07-31
15:11:49
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8 answers
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HelloKitty
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Politics & Government
➔ Politics