"A) The nature of US foreign aid to Israel
A1. Constitutes 30% of the total US foreign aid budget, which renders Israel to be the largest recipient of US aid in the world
* Since 1987, the US congress has annually been approving a foreign aid bill totaling an average of $3 billion of American taxpayers' money to Israel, $1.2 billion in economical aid, and $1.8 billion in military aid.
* After the gulf war in 1991, the US has additionally been offering Israel $2 billion annually in federal loan guarantees, which brings the total US foreign aid to Israel to about $5 billion, or $13.7 million per day.
* Other forms of aid to Israel are a result of "consequential" aid, such as the approximate $1.5 billion in total tax-deductible private donations from numerous Jewish charities and individual donors. "Consequential" aid to Israel adds up to an approximate $8 billion in total US foreign aid to Israel.
* All in all, this is the largest amount of foreign aid given to a country, and constitutes over 30% of the total amount of US foreign aid budget.
A2. Started in 1948 and gradually increased over the years
* Soon after the Truman decision in 1948 to recognize Israel as a Jewish State, the US Congress approved an aid package in the form of a $135 million Export-Import Bank loan in order to take in holocaust survivors and provide them with homes.
* Until 1973, aid was mainly made up of military, economic and export-import bank loans, although annual economic grants ranging between $0.1 and $74 million were also offered between the years 1951 and 1962.
* After the 1973 war, the US aid to Israel constituted largely of military and economic grants to help strengthen the Israeli defense forces. This included $12-80 million, which was annually granted towards the establishment of Jewish settlements.
* This TABLE shows the history of US financial assistance to Israel, as documented by the Jewish Virtual Library. Notice the pattern of increased assistance over the years for economic, military and Jewish immigrant grants, especially after 1973. This pattern reflects the US interests (section A3) in empowering Israel as the only democratic, close ally in the region, and not for the pure intent to assist a developing country...."
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