Friday, August 3, 2018

US Military Aid to Israel Set to Exceed $3.8B, or $23,000 Per Year for Every Jewish Family Living in Israel



In an event largely overlooked by the U.S. media, the Senate passed a bill on Wednesday that would provide Israel with $3.3 billion in military aid along with over $500 million for missile defense over the course of the next year. The bill, officially titled the “United States-Israel Security Assistance Authorization Act of 2018,” is expected to be voted on by the House within the week. If approved and signed into law by President Trump, it would represent the “single largest military aid package in American history.”

The massive amount of funding being allocated to Israel’s military is ultimately the result of the 2016 U.S.-Israel Memorandum of Understanding on security assistance between the Israeli and U.S. governments, which called for $3.8 billion in funding for Israel on an annual basis over the next ten years.

Though this startling figure — which translates into $23,000 for every Jewish family living in Israel — was supposed to be the limit for U.S. military aid to Israel, the figure is actually set to be higher this year, given Congress’ recent passage of a massive $716 billion defense bill that provides an additional $550 million in U.S. aid for Israeli missile defense systems. The defense bill also authorizes an additional $1 billion for U.S. weapons stockpiles in Israel.

https://www.mintpressnews.com/us-military-aid-to-israel-set-to-exceed-3-8b-or-23000-per-year-for-every-jewish-family-living-in-israel/246996/

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