184

A report by Brown University’s Watson Institute reveals that since the beginning of the war, the US has spent more than $22 billion on military aid to Israel - from weapons and equipment to the deployment of aircraft carriers. Israel receives more U.S. military aid than any other country and is uniquely able to use that funding to spend on domestic goods.

The total amount of American aid since the start of the war is about NIS 85 billion ($22 billion) based on an average exchange rate by the Bank of Israel over the past year. Most has been delivered but about $5.2 billion will only arrive next year. According to official estimates from the Bank of Israel, the total cost of the war is estimated to be about NIS 250 billion ($65 billion), including around NIS 118 billion ($31 billion) for military costs including army operational costs, replenishment of military equipment, ammunition, and logistical support. Therefore, by a simple calculation, the U.S. has been funding about 70% of the war effort.

you are viewing a single comment's thread
view the rest of the comments
[-] Spacehooks@reddthat.com 30 points 1 week ago

Would be nice if that money went into schools, medical, housing...etc

[-] hexaflexagonbear@hexbear.net 17 points 1 week ago

Well in a way it does...

[-] dontgooglefinderscult@lemmings.world 12 points 1 week ago* (last edited 1 week ago)

It does! Just not for the US. Thanks to the US pledging unlimited protection funding Israel has well funded schools, universal healthcare, and even provides grants for housing along with explicit military support for those creative souls that repurpose old housing that has been recently abandoned in completely unrelated incidents by former 'wildlife.'

[-] technocrit@lemmy.dbzer0.com 11 points 1 week ago

It goes into bombing schools, medical, housing, etc.

[-] Kuori@hexbear.net 7 points 1 week ago

even if we stopped funding the zionazis that money would just go to some other war

[-] Spacehooks@reddthat.com 3 points 1 week ago

::Insert no money for anything but war meme::

this post was submitted on 04 Nov 2024
184 points (98.9% liked)

World News

32317 readers
711 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS