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Israel is the
largest recipient of US foreign aid, receiving over one-third of total US
aid despite being home to just .001% of the global population and having
one of the highest per capita incomes in the world.
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Since 1949 the US has given Israel a total of
$84,854,827,200. The interest costs born by US taxpayers on behalf of
Israel are $49,937,000,000 - making the total amount of aid given to
Israel since 1949 more than $134 billion.
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The total cost of this financial aid to US tax
payers per Israeli is $23,240.
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For the 2005 fiscal year,
Israel received $357 million in Economic Support Funds (ESF), $2.202
billion in Foreign Military Financing (FMF), and $50 million in migration
settlement assistance.
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For 2006, the
Administration has requested $240 million in economic support and $2.28
billion in military support .
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House and Senate measures
also add $40 million for the settlement of migrants from the former
Soviet Union and take note of Israel's plan to bring remaining Ethiopian
Jews to Israel in three years.
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Israeli press reported
that Israel is requesting some $2.25 billion in special aid in a mix
of grants and loan guarantees over four years, with one-third to be used
to relocate military bases from the Gaza Strip to Israel.
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To help Israel out of its
economic slump, the U.S. provided $9 billion in loan guarantees over three
years, use of which has since been extended to 2008.