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submitted 4 months ago by solo@slrpnk.net to c/world@lemmy.world

Israel has been the largest cumulative recipient of U.S. foreign aid since its founding, receiving about $310 billion (adjusted for inflation) in total economic and military assistance.

Since the start of Israel's war with Hamas on October 7, 2023, the United States has enacted legislation providing at least $12.5 billion in military aid to Israel, which includes $3.8 billion from a bill in March 2024 (in line with the current MOU) and $8.7 billion from a supplemental appropriations act in April 2024.

Most of the aid—approximately $3.3 billion a year—is provided as grants under the Foreign Military Financing (FMF) program, funds that Israel must use to purchase U.S. military equipment and services. In October, the Joe Biden administration said Israel had nearly six hundred active FMF cases, totalling around $24 billion. (...)

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[-] Stern@lemmy.world 7 points 4 months ago

If its FMF then its less the U.S. aiding the U.K. and more the U.S. bankrolling weapons manufacturers

[-] WhatAmLemmy@lemmy.world 3 points 4 months ago

Moreso the US oligarchy stealing tax payer funds and funneling them into the military industrial complex; using the guise of "aid" to conceal the reality.

I have zero doubt when we're told "the US is the biggest supplier of foreign aid" much of that "aid" would make the average citizen feel the opposite of pride.

this post was submitted on 24 Jun 2024
98 points (94.5% liked)

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