Post Tagged with: "interest"

21Mar
2011

Your tax dollars hard at work: U.S foreign aid to Israel and Egypt

A third of the United States foreign aid is spent on Israel and Egypt. That’s your tax dollars hard at work. Israel receives $400 million in economic aid and $2.775 billion in military aid while Egypt receives $250 million in economic aid and $1.3 billion in foreign aid.   Their total aid package ($3.175 billion to Israel and $1.55 billion to Egypt) account for a third of all US foreign aid and yet neither one of the countries are developing countries. [...]

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