According to the Congressional Research Service , the amount of - TopicsExpress

According to the Congressional Research Service , the amount of official US aid to Israel since its founding in 1948 tops $115 billion, and in the past few decades it has been on the order of $3 billion per year. (In 2013, for example, this amounted to over $8.5 million every single day.) But this money is only part of the story. For one thing, Israel gets all of its aid money at the start of each year, rather than in quarterly installments like other countries. This is significant: It means that Israel can start earning interest on the money right away – interest paid by the US since Israel invests these funds in US Treasury notes. In addition, because the US government operates at a deficit, it must borrow money in order to give it to Israel and then pay interest on it all year. Together these cost US taxpayers more than $100 million every year.

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