When looking at the figures below the fiscal conservative in me wonders if all the money that U.S. taxpayers have spent propping up Israel is worth it, especially considering part of the Camp David accords requires the U.S. to give aid to Egypt as long as the U.S. gives aid to Israel. Here is how much Israel is costing us: Cost of Israel: Since 1949 (As of November 1, 1997) Foreign Aid Grants and Loans $74,157,600,000 Other U.S. Aid (12.2% of Foreign Aid) $9,047,227,200 Interest to Israel from Advanced Payments $1,650,000,000 Grand Total $84,854,827,200 Total Benefits per Israeli $14,630 Cost to U.S. Taxpayers of U.S. Aid to Israel Grand Total $84,854,827,200 Interest Costs Borne by U.S. $49,936,680,000 Total Cost to U.S. Taxpayers $134,791,507,200 Total Taxpayer Cost per Israeli $23,240
Posted on: Wed, 07 Jan 2015 21:14:12 +0000
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