4.19.2016

US Foreign Aid

3 to 4 billion US tax dollars a year headed to Israel!? That money could be put to better use here at home.


Netanyahu: Significant Gaps Remain in Israel-U.S. Military Aid Talks - Israel News - Haaretz:

In 2007, Israel and the United States signed a military aid deal under which the latter promised Israel $30 billion over the next 10 years, or $3 billion a year. This deal will lapse at the end of 2018. American and Israeli officials have therefore been negotiating since November on a new 10-year deal that would define the level of military aid Israel will receive through the end of 2028.

The difficulty in finalizing a deal is in deciding between two alternative frameworks that the Americans have proposed.

Under Washington's first proposal, Israel would initially get $3.7 billion a year, with the sum gradually rising to over $4 billion by the end of the decade. Under this proposal, Israel would receive a total of about $40 billion over 10 years – $10 billion more than it got under the current deal.

However, there’s a condition attached to this offer: Israel must promise not to lobby Congress for any additional aid during the decade that the deal is in force.

The second alternative doesn’t require any such Israeli commitment but also offers less money. Under this proposal, America would increase its annual aid by only $400 million a year, meaning the total over the 10-year period would come to $34 billion. 
Netanyahu has thus far not been happy with either alternative. 
read more: http://www.haaretz.com/israel-news/1.715062

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