American taxpayers give Israel over $8 million per daySubmitted by go213mph on Sun, 04/21/2013 - 21:43
It receives this money in a lump sum at the beginning of the fiscal year.
Since the U.S. is operating at a deficit, that means the U.S. borrows the money, transfers it to an Israeli Federal Reserve Bank account, and pays interest on it long afterward, while Israel makes interest on it.
In addition, Israel frequently receives more money and perks: loan forgiveness programs, weapons subsidies, special trading privileges, etc. When the Pentagon refuses to turn over to Israel weaponry that the U.S. needs or technology that is classified, Israeli leaders go over the generals' heads to pro-Israel Congressional representatives, who procure the desired items for them.
The cost of supporting Israel has been astronomical. An economist contracted by the Army War College found that the total costs, both direct and indirect, amounted to $3 trillion. On top of that is the cost of the Iraq War – at least $3 billion – which was largely promoted by Israel partisans.