Israel Seeking to Increase U.S. Aid to $4.5B

[Purveyor]

Source: JP Updates

Israel has begun talks with the US with the intention of increasing American aid to $4.5 billion in grant aid through 2028. Israel’s aid from America as outlined in the Foreign Military Financing deal will need to be reassessed before the present deal expires in 2017. In his 2013 visit to Israel, President Obama endorsed in principle “$4.2 billion to $4.5 billion” in annual FMF aid, according to an Israeli military source quoted by Defense News.

Israel is the largest single recipient of US aid and it has been an essential part of Israel’s continuing existence. It is interesting to note that due to that aid remaining relatively constant despite Israel’s flourishing economy, US aid now represents a mere 1.2% of Israel’s GDP.

America’s aid comes in many forms, though the majority is military. 70% of the aid is designated for Israeli purchases of military equipment from American companies and 74% of American aid to Israel is spent in the United States on US-made defense goods and services that support the US economy. The total is $3 billion annually, of which $1.8 billion is military assistance with the rest set aside for civilian purposes. In addition, America provides loan guarantees that amount to about $19 billion that Washington has granted Israel in recent years to make it easier for it to borrow overseas. Israel has used the loan guarantees very sparingly. America also transfers to Israel its surplus military equipment. Aid also comes in the form of US war stocks pre-positioned here and available for Israel’s emergency use, which have been valued at $1.2 billion. $500 million in annual funding has been set aside for cooperative anti-rocket and missile defense programs in recent years.

Much of the present negotiation is based around the changing threats to Israel based around Iran. Not only does the nuclear deal present a new threat which requires new solutions, such as the F-35 fighter jet, but Iran has doubled its military budget over the last ten years, funding other militaries that also threaten Israel.

Read more: http://jpupdates.com/2015/05/26/israel-seeking-to-increase-u-s-aid-to-4-5b/

[IdiotsforPalin]

1. How about $0

[newfie11]

3. I'm for that nt

[snappyturtle]

6. Me too. nt

[Adrahil]

25. Me too! n/t

[haikugal]

2. NO!!!!

[DCBob]

4. good grief.

[brush]

5. What chutzpah after the whole afront of Netanahu's speech to Congress

Unbelievable!

[delrem]

7. well idunno.

The US is the world's premier arms producer/exporter.
Sure, this is paid for by US taxes, but on the other hand sales to Saudi Arabia, Egypt, etc., are enormous and should more than offset that?
The important thing is to keep wars going. That keeps employees at US munitions manufacturers employed, and with secure employment buying houses, TVs, washing machines,.... and so keeps the remainder of the US middle class happy.
Well, until the munitions manufacturers are allowed to set up shop in slave labor countries.

[Phlem]

8. Nope Nope Nope!

Fuck that.

[Ken Burch]

9. And no one in Congress other than Keith Ellison will stand up to them.

Anyone who questions the demand will instantly be slandered as an "antisemite", even though those who will say that will know it's a lie.

[Plucketeer]

10. THIS is what you get

when you thoroughly SPOIL a child. Spoil them to the point where they know NO shame or limits. Just how many centuries do they suckle from our tax revenues??? How long do we play along with the ridiculous charade that they're some kind of stabilizing factor over there??? Especially when they're just the OPPOSITE!

[Chemisse]

24. +++++

[TexasTowelie]

11. Neocon socialism.

Conservatives are completely against government investment in our own infrastructure, but bat an eye when it comes to spending for Israel and the MIC.

[hughee99]

36. Yes. I don't know how Israel survived when the neocon's were kicked out of power in 2008

the Dems took over, and slashed Israel's foreign aid.

[George II]

12. Why didn't "Bibi" discuss this with Obama a month or so ago? Was he too busy sucking up....

...to Boner and the Turtle?

[mountain grammy]

13. Three words..

NO FUCKING WAY!

[williesgirl]

14. NFW, zero

[IDemo]

15. Well now, there's some fair n' balanced reportage

"-- the nuclear deal present(s) a new threat which requires new solutions, such as the F-35 fighter jet".

Oy.

[TheNutcracker]

16. How we gonna pay for it? I want to see the plan..what they will cut?

[project_bluebook]

17. That is $14.10 per every man, women and child in the US

Much of it is corporate welfare, keeping the military industrial complex well greased. Numbers are hard to pin down but I think we spend about 7 billion dollars a year to defend Germany but not sure how much Germany kicks in. Japan pays us about 2 billion a year just for the base in Okinawa.

[Scootaloo]

19. Every cent of it a bounty on Palestinian heads.

[Mosby]

32. demonizing Israelis

Your fav hobby.

[Scootaloo]

34. Well, Israel is the nation using the money and arms against the Palestinian people

An endeavor which judging from your posts on drDon's old anti-Arab hate site, you totally support.

[Purveyor]

35. Demonizing an 'apartheid state' is more like it... eom

[Wilms]

18. They want their allownce increased!?

Here's an idea. STOP mowing the lawn, and we'll think about it.

[okaawhatever]

37. Good one. LOL nt

[AngryDem001]

20. BOOOOOOO!!!!

[Jesus Malverde]

21. Lulz

Most amazing they will likely get it.

[madokie]

22. Hey America

Israel could give two shits for you so why give them anything. Israel is not our friend evidenced by the recent dealings such as trying to influence our elections and undermine our democracy

[Chemisse]

23. Flourishing economy? How bout they send US aid?

[Adrahil]

26. So let me get this straight...

Nutandyahoo wants to openly disrespect our President and subvert our political system, and he has the fucking NERVE to ask us for more money?

Fuck no!

We have our own needs here. How about another 1.5 Billion for NASA? How about another another 1.5 Billion for Veterans Benefits?

In-fucking-sane.

[Bossy Monkey]

27. Best laugh I've had all day n/t

[on point]

28. How about $0?? That will save us $50 B over 10 yrs. Improve Middle East Peace too!

[DetlefK]

29. More bombs for the next Gaza-war.

[marble falls]

30. Cut them off from money train

[L0oniX]

31. No problem. We'll just cut back on SNAP, Medicaid, Medicare, SS, schools, roads, etc.

[closeupready]

33. Maybe Israel can put on its big boy pants, and support itself.

[Wolf Frankula]

38. It Should Be A Hundred Times as Much OR More.

Israel's bitch MUST support Israel. The US will Spend 3.9 trillion dollars. Let's spend 1 trillion on tax cuts for billionaires, 2 trillion on war, and the rest give to Israel.

Wouldn't you be happy to starve so Israel can get fat?

Send O dollars, not a cent. Israel is not our friend.

Wolf