Monday March 09, 2009
U.S. Military Aid to Israel
Kathleen and Bill Christison
Counterpunch
The Ultimate Earmark
In these days of economic crisis, budget overruns, earmarks, and multi-billion dollar bailouts, when Americans are being forced to tighten their own belts, one of the most automatic earmarks—a bailout by any measure—goes to a foreign government but is little understood by most Americans. U.S. military aid to Israel is doled out in annual increments of billions of dollars but remains virtually unchallenged while other fiscal outlays are drastically cut.
The United States and Israel signed a Memorandum of Understanding in August 2007 committing the U.S. to give Israel $30 billion in military aid over the next decade.
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