American taxpayers will soon be giving $11 million every day in “aid” to the Jewish Supremacist state of Israel once a new “foreign military aid” bill kicks in.
According to an article in Defense News, U.S. President Barack Obama doubled down on U.S. security support with a new agreement to extend annual military aid through 2027.
The pending 10-year military aid package would commit Washington to provide up to $40 billion in additional Foreign Military Financing (FMF) grant assistance to Israel, sources here say.
It would automatically kick in at the conclusion of the current 10-year, $30 billion agreement signed in 2007 under President George W. Bush and would bind Obama’s successor to continued military aid to Israel.
The current agreement elevated Israel’s annual grant aid from $2.4 billion to $3.1 billion, and Israeli officials expect the follow-on package to provide incremental boosts to nearly $4 billion per year.
This $4 billion per year works out to just on $11 million every day, 365 days per year.
At a joint March 20 news conference here with Israeli Prime Minister Benjamin Netanyahu, Obama reiterated Washington’s “solemn obligation” to safeguard Israel’s “non-negotiable” security.
“As part of our long-term commitment to Israel’s security, the prime minister and I agreed to begin discussions on extending military assistance. Our current agreement lasts through 2017, and we’ve directed our teams to start working on extending it for the years beyond,” Obama said.
In addition to extending annual FMF aid, Obama pledged additional measures to preserve Israel’s qualitative military edge. As an example — and in reference to sequestration-mandated budget cuts — Obama said the White House “will take steps” to ensure “no interruption” to some $200 million in 2013 funding for Israel’s Iron Dome active defense system.
Moreover, Obama said his team would continue to work with Congress on future Iron Dome funding, which sources here estimated could result in an additional $600 million over the next two years.