Sunday, November 18, 2012
The Cost of Israel to US Taxpayers
Recently Americans have begun to read and hear that “Israel receives $3 billion in annual U.S. foreign aid.”
That's true. But it's still a lie.
The problem is that in fiscal 1997 alone, Israel received from a variety of other U.S. federal budgets at least $525.8 million above and beyond its $3 billion from the foreign aid budget, and yet another $2 billion in federal loan guarantees.
So the complete total of U.S. grants and loan guarantees to Israel for fiscal 1997 was $5,525,800,000.
MORE: http://www.ifamericansknew.org/stats/cost_of_israel.html#.UKlJhLXl49U.twitter
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