US aid to Israel: 115 billion dollars

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New data shows Washington has given more than 115 billion dollars in financial aid to Israel over the years, indicating Tel Aviv’s great dependence on the US.


According to the report published by the Congressional Research Service Israel has received more assistance from the US than 15 European countries did to recover from the devastation caused during World War II.

More than 67 billion dollars of the Washington's aid to Israel has been in military, the report said.

The astonishing report adds that the US has allocated 3.1 billion dollars, around one-fifth of its defense budget, to Israel this year alone.

Americans also allow the Israeli army to use their emergency reserve ammunition stored in Israel. The value of the weapons held in the US emergency supplies is 1.2 billion dollars.

The US gives billions of dollars in American taxpayers' money to the Tel Aviv regime each year in the form of military and economic aid, legally justified as part of US government's foreign aid package.

Washington has never downsized its annual 3 billion dollars grant to the Israeli regime despite going through its worst recession in decades which has prompted the government to impose major cuts on most public service programs for citizens.

http://www.presstv.com/detail/234620.html

Israel seeks multi-year US missile defense aid

Defense official says Israel looking for multi-year budget program which will not require annual administration approval.


Israel is in talks with the United States about increasing its financial aid for Israeli missile defense programs and establishing a multi-year budget program which will not require annual administration approval.

Israel currently receives around $3 billion annually under a 10-year memorandum of understanding signed in 2007.

In addition, every year the administration and Congress allocate additional funds to help finance Israel’s development and procurement of missile defense systems like the Arrow which defends against ballistic missiles and the Iron Dome which protects Israel from short-range rockets.

“We are trying to reach an agreement with the US that will spread out over a number of years,” a senior defense official said on Wednesday.

Last month, the Pentagon indicated that it would be requesting additional funds for Israel's Iron Dome budget. In the past the US approved a $205 million infusion for Iron Dome systems, though it was not immediately clear whether that amount would be matched in the new budget cycle.

Under Israel’s new request, it is seeking about $1 billion in aid from the US which it plans to use to speed up the procurement of additional Iron Dome batteries as well as the development of David’s Sling, the system that Israel plans to use to defend against medium-range rockets.

Israel currently has three Iron Dome batteries and plans to deploy a fourth in the coming weeks. The three that are operational succeeded in intercepting some 60 rockets during the recent round of violence with Islamic Jihad in the Gaza Strip last month.

Defense officials said on Wednesday that Israel’s talks with the Obama administration regarding the new funding would likely be completed within the coming months.

According to different estimates, Israel is expected to request $700 million to purchase four additional Iron Dome batteries and to speed up the development of David’s Sling and another $300 million would be used to purchase Tamir interceptors, used by Iron Dome.

The IDF says that it will need around 13 batteries to provide adequate protection from Hezbollah and Hamas’s short-range Katyusha rockets.

“These discussions are taking place despite the budget problems that the Americans are having and should not be taken for granted,” another official said.

http://www.jpost.com/Defense/Article.aspx?id=264855

Israel and USA is great friends and ally.

We all knows people in USA and has family there too.

It is good thing.

We has many violent arabs near us so is good to have strong ally and friend as USA.

Avram Horowitz wrote on Apr 5^th, 2012 at 9:24am:

Israel and USA is great friends and ally. We all knows people in USA and has family there too. It is good thing. We has many violent arabs near us so is good to have strong ally and friend as USA.

I thought you could look after yourself tho?
Why take money away from starving Americans?

Avram Horowitz wrote on Apr 5^th, 2012 at 9:24am:

We has many violent arabs near us.

What? You went to all the trouble of invading and occupying their country for them, and that is how they show gratitude? Bloody ingrates!

Israel should just become the 51st State of the USA.

http://www.anchoredbygrace.com/smileys/usa.gif

http://www.anchoredbygrace.com/smileys/UsA_smilie.gif

Swagman wrote on Apr 5^th, 2012 at 11:16am:

Israel should just become the 51st State of the USA. http://www.anchoredbygrace.com/smileys/usa.gif http://www.anchoredbygrace.com/smileys/UsA_smilie.gif

Other way round I think

bobbythefap1 wrote on Apr 5^th, 2012 at 11:23am:

Swagman wrote on Apr 5th, 2012 at 11:16am: Israel should just become the 51st State of the USA. http://www.anchoredbygrace.com/smileys/usa.gif http://www.anchoredbygrace.com/smileys/UsA_smilie.gif Other way round I think

That will put Australia at 52nd state of the USA then. Anyone else want to jump the queue?

Like with Australia we is friend with USA,

We also are friend to Australia

Avram Horowitz wrote on Apr 5^th, 2012 at 1:09pm:

Like with Australia we is friend with USA, We also are friend to Australia

I thought you could look after yourself tho?
Why take money away from starving Americans?

I do not know finance details but USA and Israel strong allys

Avram Horowitz wrote on Apr 5^th, 2012 at 1:13pm:

I do not know finance details but USA and Israel strong allys

Please answer the question.
It does not require knowledge of specific finance details.