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Should the US stop funding Israel and make them pay their own bills?
Wiki User
∙ 10y ago
No. The AID to Israel is as helpful for the US as it is for Israel.
The question of US funding in Israel is primarily for military hardware. The US does not provide economic aid to Israel. First, the US Aid to Israel makes up about 0.03% of the US GDP. To put that in perspective, it would pay for around a week in Iraq or half-a-day of Social Security. Additionally, 80% of the money earmarked for Israel can only be spent by Israel on US-produced weapons. This means that the money appropriated for Israel mostly goes to support US firms and US jobs, making it a win-win for both Israel and the US. This is aside from the fact that numerous recent technological innovations in both military and civilian technology have come to the US from Israel, providing economic gains that more than offset the remaining 20%.
Wiki User
∙ 10y ago
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