Showing posts with label Why do we give Israel so Much Money?. Show all posts
Showing posts with label Why do we give Israel so Much Money?. Show all posts

Friday, April 30, 2010

Why do we give Israel so Much Money?


President Obama's Fiscal Year 2010 budget proposes $53.8 billion for appropriated international affairs' programs. From that budget, $5.7 billion is appropriated for foreign military financing, military education, and peacekeeping operations.

From that $5.7 billion, $2.8 billion, almost 50% is appropriated for Israel.[30] Israel also has available roughly $3 billion of conditional loan guarantees, with additional funds coming available if Israel meets conditions negotiated at the U.S.-Israel Joint Economic Development Group (JEDG).


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