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Re: anyone know about this?


Since the 1970s, Israel has been one of the top recipients of U.S. foreign aid. While it is mostly military aid, in the past a portion was dedicated to economic assistance. In 2004, the second-largest recipient of economic foreign aid from the United States was Israel, second to post-war Iraq. In terms of per capita value Israel ranks first, though other middle eastern countries get US aid as well — Egypt gets around 2.2$ billion per year, Jordan gets around $400 million per year, and the Palestinian Authority gets around 1$ billion per year.


In 2007, the United States increased its military aid to Israel by over 25% to an average of $3 billion per year for the following ten year period, while ending economic aid.

In 1998, Israeli, congressional, and Administration officials agreed to reduce U.S. $1.2 billion in Economic Support Funds (ESF) to zero over ten years, while increasing Foreign Military Financing (FMF) from $1.8 billion to $2.4 billion. Separate from the scheduled cuts, there was an extra $200 million in anti-terror assistance, $1.2 billion to implement the Wye agreement, and the supplemental appropriations bill assisted for another $1 billion in FMF for the 2003 fiscal year. For the 2005 fiscal year, Israel received $2.202 billion in FMF, $357 million in ESF, and migration settlement assistance of $50 million. For 2006, the Administration  requested $240 million in ESF and $2.28 billion in FMF. H.R. 3057, passed in the House on June 28, 2005, and in the Senate on July 20, approves these amounts. House and Senate measures also support $40 million for the settlement of migrants from the former Soviet Union and take note of Israel's plan to bring remaining Ethiopian Jews to Israel in three years.


I'm not knocking aid to Isreal. But it seems to me that if any other country received this kind of treatment, that country wouldn't be considered "self-sustaining" by you and  many others on this board.
This is CABL.com posting #291149. Tiny Link: cabl.co/mbnT7
Posted in reply to: Re: anyone know about this? by djwils
There are 3 replies to this message
Re: anyone know about this? All Business 2/9/2010 8:21:13 PM
Re: anyone know about this? djwils 2/9/2010 4:39:59 PM
Re: anyone know about this? Nat Light 2/9/2010 4:14:57 PM