Friday, Oct 09th

Last update01:08:18 AM GMT

You are here News International Economist tallies swelling cost of Israel to US

Economist tallies swelling cost of Israel to US

E-mail Print PDF

Since 1973, Israel has cost the United States about $1.6 trillion. If divided by today's population, that is more than $5,700 per person.

For the first time in many years, Mr. Stauffer has tallied the total cost to the US of its backing of Israel in its drawn-out, violent dispute with the Palestinians. So far, he figures, the bill adds up to more than twice the cost of the Vietnam War.

And now Israel wants more. In a meeting at the White House late last month, Israeli officials made a pitch for $4 billion in additional military aid to defray the rising costs of dealing with the intifada and suicide bombings. They also asked for more than $8 billion in loan guarantees to help the country's recession-bound economy.


Most Recent Related Stories...

Finance officials to clamp down on multinational tax evasion

Tax evasion probeFinance officials from the world's 20 biggest economies have committed to toughening laws and boosting cross-border...

Tunisian democracy group wins Nobel Peace Prize

Nobel Prize to Tunisian peopleA coalition of Tunisian workers, business owners, rights activists and lawyers won the Nobel Peace Prize...

ISIL kills top Iranian commander in Syria amid push on Aleppo

ISIL kills top Iranian GeneralISIL fighters advancing on the northern outskirts of the Syrian city of Aleppo have killed an...

Svetlana Alexievich wins 2015 Nobel prize in literature

Nobel Prize LiteratureSvetlana Alexievich, the Belarusian writer whose oral histories have recorded thousands of individual voices to map...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!