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Sunday, November 25, 2012

How Are Dollars in Foreign Aid To Israel Spent?

Nadene Goldfoot
Right now the USA is contemplating how to get rid of the deficit in our treasury, and foreign aid to Israel is questioned by a few people.  From 1987 to 1990 Israel received $1.8 billion in Foreign Military Financing (FMF).  Actually, it's like a "you scratch my back and I'll scratch yours" program.  More the 80% of the money is spent in the US to generate profits and jobs.  Contracts are signed between Israel and US firms.  Over 1,000 companies in 47 states benefit.  Washington DC and Puerto Rico have contracts worth more than $4.2 billion.  Here is a list of the states and the value of FMF orders.

Israelis pay out income taxes up to 48% where the annual gross income for a family of 4 is $16,800.  That means they have about $8,000 to live on.  Defense is where most of Israel's money is spent.  New immigrants are also a drain on the economy like people from the Soviet Union and  Ethiopia.  Israelis accept these  burdens to facilitate the absorption of the newcomers.  Israel had to give up oil fields it developed in the Sinai as part of the peace agreement with Egypt and had hoped to be energy-independent.

In 2010 Israel's total FMF was $3,175,000 and Egypt got $1,550,000. Israel and Egypt get 1/3 of all USA foreign aid.   Israel needs the money promised and is most grateful for the assistance.  I think the following states are also grateful to have a part in this that is good for producing jobs and goods for their state.  "Israel also receives offsets on FMS purchases (U.S. contractors agree to offset some of the cost of military equipment by buying components or materials from Israel)."

Another package Israel gets from the USA is the Israeli Missile Defense in which she received $235 million in 2012.  I believe every time an Iron Dome is fired to stop an incoming missile it costs Israel $40 thousand dollars.

$901.257.199 New York  
 410,057,160 Mississippi
 405,193,420 California
 391,610,552 Ohio
 310,032,904 Massachusetts
 264,129,659 Texas
 249,177,540 Florida
 235,473,590 New Jersey
 163,961,815 Pennsylvania
 125, 252,293 Michigan
  90, 343,719 Connecticut
  89, 957, 587 Maryland
  61, 297, 138 Illinois
  55, 126, 704 New Hampshire
  53, 457, 035 D.C.
  47, 332,830 Georgia
  45, 009, 277 Arizona
  41, 429, 003 Wisconsin
  42,709, 644 Indiana
  26, 746, 865 North Carolina                                                
  26, 230,966 Kansas
  23, 145, 276 Virginia
  22, 091, 747 Minnesota
  21, 904, 461 Kentucky
  16, 020,564 Iowa
  12, 644, 508 Washington
    8, 355,569 Missouri
    7, 200,562 Alabama
    6, 119, 409 Oregon
    6, 095, 249 Louisiana
    4 ,899,047 Oklahoma
    3, 760,035 Colorado
    2, 360,219 Delaware
    2, 249,704 New Mexico
    1, 939,152 Arkansas
    1, 886,247 Nebraska

Resource:  Myths and Facts-a concise record of the Arab-Israeli conflict by Mitchell G. Bard, Joel Himelfarb 1992
http://www.vaughns-1-pagers.com/politics/us-foreign-aid.htm
http://www.jewishvirtuallibrary.org/jsource/US-Israel/foreign_aid.html

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