SPECIAL ANALYSIS: Billions of US tax-payers’ money will continue to be funneled overseas as Republican and Democratic Senators pass a bill aimed at providing Israel with $3.3 billion in annual aid. @RamzyBaroud mintpressnews.com/united-states-…
According to the Congressional Research Center (CRS), between 1946 and 2019 (including the requested funds for 2020) US aid to Israel has exceeded $142 billion. everycrsreport.com/reports/RL3322…
Inexplicably, Israel receives roughly “one-third of the American foreign-aid budget, even though (it) comprises just .001 percent of the world’s population and already has one of the world’s higher per capita incomes." wrmea.org/congress-u.s.-…
This massive budget includes other perks. Anywhere between $500 mil to $800 mil are given to Israel every year as part of a missile defense package; approx. $1 billion benefits Israel in the form of tax-deductible donations, while $500 billion are invested in Israeli bonds.
There are also loan guarantees where the US assumes responsibility for billions of dollars that Israel can access from international creditors. If Israel defaults, it is the legal responsibility of the US govt to offset the interests on the borrowed money. slate.com/news-and-polit…
US aid to Israel continues, despite the fact that all American aid to the Palestinians has been cut off, including the $300 million of annual US funding to the UN agency responsible for the welfare of Palestinian refugees, UNRWA. bbc.com/news/world-us-…
The maxim “What’s good for Israel is good for America” continues to reign supreme among Washington’s political elites, despite the fact that such irrational thinking has wrought disasters on the Middle East region, and is finally forcing a hasty and humiliating American retreat.
