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View Diary: When is the USA going to invade Israel? (69 comments)

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  •  Total Direct U.S. Aid to Israel: $108 Billion (0+ / 0-)

    "A Conservative Estimate of Total Direct U.S. Aid to Israel: $108 Billion"
    Sources: CRS Report to Congress: U.S. Foreign Aid to Israel, dated January 5, 2006, plus the FY ’06 Foreign Operations Appropriations bill, H.R. 3057.

    (...) Parts of it are buried in the budgets of other government agencies—mostly the Defense Department (DOD)—or in a form not easily quantifiable—such as the early disbursement of aid, allowing Israel a direct gain and the U.S. Treasury a direct loss of interest on the unspent money. (...) important to emphasize that the following analysis will attempt to give a conservative, defensible accounting of U.S. direct aid to Israel, not of Israel’s cost to the U.S. or the American taxpayer, nor of the benefit to Israel of U.S. aid. The distinction is important, because the indirect or consequential costs to the American taxpayer as a result of Washington’s blind support for Israel exceed by many times the amount of direct U.S. aid to Israel. (...) the greatest consequential costs (and not included in Stauffer’s $3 trillion estimate) are those resulting from the 2003 invasion and subsequent occupation of Iraq (...) Among the real benefits to Israel that are not direct costs to the U.S. taxpayer are the cash transfer of economic and military aid, in-country purchases of a portion of military aid, and loan guarantees. The U.S. gives Israel all of its economic and military aid directly in cash, with no accounting required of how the funds are used. Furthermore, Israel can spend 26.3 percent of the military aid in Israel, clearly a subsidy to the Israeli defense industry at the expense of American defense contractors. Other countries receiving U.S. military aid generally have to spend 100 percent of it in the U.S. Also in contrast with other countries receiving military aid, who must purchase through the DOD, Israel deals directly with U.S. companies. (...)

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