In per capita terms, the level of direct assistance amounts to a direct subsidy of more than $500 per year for each Israeli.
2007-10-20 04:14:48 · 14 answers · asked by Page 4 in Politics & Government ➔ Politics
Israel recieves
-<$3 billion in direct foreign assistance/year=1/6 of America's direct foreign assistance budget =2 percent of Israel's GDP
2007-10-20 04:17:05 · update #1
Israel also gets its entire annual appropriation in the first 30 days of the fiscal year. This is akin to recieving your entire annual salary on Jan 1 and thus being able to earn interest on the unspent portion until you used it.
The U.S gov ends up paying Israel additional interest when Israel reinvests the unspent portion in U.S treasury bills. Israels earned some $660 million in extra interest as of 2004.
2007-10-20 04:21:50 · update #2
As a Canadian I want some money too!!! Like Israel we are your allies, have universal health care, we actually don't drag you into any wars, largest traders and we actually help you on your war on terror.
Wheres the love?
2007-10-20 04:23:09 · answer #1 · answered by Edge Caliber 6 · 5⤊ 1⤋
Since the 1970's, Israel has received economic aid from the United States, whose loans account for the bulk of Israel's external debt, although that aid is expected to end in 2008.
2007-10-20 11:34:26 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Entirely too much!!
Amazingly, Egypt gets almost the same billions as Israel. I was surprised about that bit of information. I think theres some deal where if Israel gets x billions we have to do the same for Egypt.
2007-10-20 23:33:18 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I pay my taxes like a good American is supposed to and don't cheat! Whatever our cheating, corrupt govenment does with it is out of my hands, because the more I think about it the more angry I get. I just focus on the fact that one day what goes around comes around and these leaders will be judged for their incompetence.
2007-10-20 11:33:26 · answer #4 · answered by freekin 5 · 0⤊ 0⤋
Is that all????? Darn well maybe we can pull some back for North Korea, Vietnam, Egypt, Syria, Lebanon, Ethiopia, and all the other nations that are trying to kill us.
2007-10-20 11:37:12 · answer #5 · answered by Anonymous · 0⤊ 0⤋
At this point, the US might as well just annex Israel as a 51st state.
2007-10-20 12:09:39 · answer #6 · answered by Anonymous · 0⤊ 0⤋
If you can't beat 'em, join 'em. How do I get Israeli citizenship? : shouldn't be hard : most of them have dual citizenship, but a single loyalty : Israel.
2007-10-22 05:45:59 · answer #7 · answered by Anonymous · 0⤊ 0⤋
maybe the next US admin should ask for some back so they can pay off the national debt- which ain't going to happen if it's PNAC Hillary needless to say .
2007-10-20 11:52:23 · answer #8 · answered by celvin 7 · 1⤊ 0⤋
Compared to Iraq, what the US gov't gives to Isreal is peanuts.
We give 7 billion a year to Isreal, and billions to it's enemies and neighbors. Eygpt, Palestine, Oman, etc all get US aid.
2007-10-20 11:18:47 · answer #9 · answered by Villain 6 · 3⤊ 4⤋
depressing i did know that its absurd one thing both lousy parties agree on
2007-10-20 11:33:25 · answer #10 · answered by Anonymous · 0⤊ 0⤋