foreign aid israel 1987
Since 1987, the US congress has annually been approving a foreign aid bill totaling an average of $3 billion 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. This amount excludes the approximate $1.5 billion in total tax-deductible private donations from numerous Jewish charities and individual donors.
(November 18, 1999)
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On November 18, the House completed the fiscal year 2000 budget process by approving an omnibus appropriations bill by a vote of 296-135. The Senate approved the bill the following day by a vote of 74-24. The Foreign Operations Bill was one of the five appropriations bills folded into the catch-all package.
The omnibus bill included $1.92 billion in military assistance and $960 million in economic assistance for Israel. The legislation also provided the $1.8 billion Wye aid package, including $1.2 billion for Israel