October 4, 2009

Financial Benefits

A report published in the Jan/Feb 2001 edition of the Washington Report on Middle East Affairs lists the financial benefits to Israel from 1949-1998 as follows:

Foreign Aid Grants and Loans: $74,157,600,000; Other US Aid: $9,047,227,200. Interest to Israel from Advanced Payments: $1,650,000,000, for a grand total of $84,854,827,200 in financial benefit from the US. The total cost to US taxpayers, which includes $49,936,680,000 in interest, is $134,791,507,200.

All of this is provided to an apartheid state (about the size of New Jersey) with fewer than six million citizens, in blatant violation of the US Foreign Assistance Act.

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