Friday, August 3, 2007

U.S. Aid to Israel: $108 Billion - A Conservative Estimate

Yes, Grandma I know - this is "a low down dirty shame." Especially when steam pipes are exploding in New York and bridges collapsing in Minnesota.

Washington Report, July 2006, pages 16-17
Congress Watch

By Shirl McArthur

Because of the uncertainties and ambiguities associated with U.S. aid to Israel, arriving at a precise figure for total direct U.S. aid to Israel probably is not possible. Parts of it are buried in the budgets of other government agencies—mostly the Defense Department (DOD)—or in a form not easily quantifiable—such as the early disbursement of aid, allowing Israel a direct gain and the U.S. Treasury a direct loss of interest on the unspent money. Given these caveats, the Washington Report on Middle East Affairs (WRMEA) conservatively estimates cumulative total direct U.S. aid to Israel at $107.961 billion.

For the complete report: http://www.uruknet.de/?p=m35020&hd=&size=1&l=e

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