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Biden's last hoorah: $8 billion weapons package to Israel is in the works
(www.ynetnews.com)
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Since forever.
They are not buying with their own money. Whoever told you that is lying to you.
That is certainly not true. From the article itself: "which Israel had purchased from Boeing with Israeli funds". So they do buy with their own money. But far less then I assumed.
What I missed was that the US provides aid, with the caveat that Israel has to spend it on US weapons. So they are buying from the US, but with US money.