Barak Ravid, Haaretz Correspondent: Israel, U.S. formally sign new defense aid agreement
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Title:30 billion good business
Name:Dav
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for the Bush-Clan!

The Cost of Israel to US Taxpayers.

Recently Americans have begun to read and hear that ?Israel receives $3 billion in annual U.S. foreign aid.? That`s true. But it`s still a lie. The problem is that in fiscal 1997 alone, Israel received from a variety of other U.S. federal budgets at least $525.8 million above and beyond its $3 billion from the foreign aid budget, and yet another $2 billion in federal loan guarantees. So the complete total of U.S. grants and loan guarantees to Israel for fiscal 1997 was $5,525,800,000.


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