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US aid to Israel: 115 billion dollars

New data shows Washington has given more than 115 billion dollars in financial aid to Israel over the years, indicating Tel Aviv’s great dependence on the US.

According to the report published by the Congressional Research Service Israel has received more assistance from the US than 15 European countries did to recover from the devastation caused during World War II.

More than 67 billion dollars of the Washington's aid to Israel has been in military, the report said.

The astonishing report adds that the US has allocated 3.1 billion dollars, around one-fifth of its defense budget, to Israel this year alone.

Americans also allow the Israeli army to use their emergency reserve ammunition stored in Israel. The value of the weapons held in the US emergency supplies is 1.2 billion dollars.

The US gives billions of dollars in American taxpayers' money to the Tel Aviv regime each year in the form of military and economic aid, legally justified as part of US government's foreign aid package.

Washington has never downsized its annual 3 billion dollars grant to the Israeli regime despite going through its worst recession in decades which has prompted the government to impose major cuts on most public service programs for citizenshttp://presstv.com/detail/234620.html



Added: Apr-5-2012 Occurred On: Apr-5-2012
By: CyrustheGreat
In:
World News
Tags: israel, us, news, politics,
Location: United States (load item map)
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