US aid to Israel

Doug Henwood dhenwood at panix.com
Fri Apr 5 11:45:54 PST 2002


Max B. Sawicky wrote:


>. . . Since 1949 the U.S. has given Israel a total of $83.205 billion. The
>interest costs borne by U.S. tax payers on behalf of Israel are $49.937
>billion, thus making the total amount of aid given to Israel since 1949
>$133.132 billion. This may mean that U.S. government has given more federal
>aid to the average Israeli citizen in a given year than it has given to the
>average American citizen.
>
>mbs: amazing. I never knew there was a budget category,
>"interest on money borrowed to give to Israel." I'll have
>to stay on my toes.

Yeah, I wondered about that. The War Resisters League does some funny calculations with interest, too, that inflates the military share of the budget rather drastically.

<http://www.warresisters.org/piechart.htm>:


>Past Military, $339B: Veterans' Benefits $57B; Interest on National
>Debt (80% estimated to be created by military spending) $282B

Doug



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