As the single largest expense of the 2010 foreign aid budget, President Obama approved $2.775 billion in military aid to Israel, the first payment in a decade-long commitment that will reach at least $30 billion. Last year, Israel’s military budget amounted to $13.3 billion, so the US funding is a significant portion of their overall expenditure. The US formerly provided both military and civilian aid, but it has since been folded entirely into military aid, at Israel’s request. The money is not a blank check, however. The US requires that Israel spend at least 75% of the money given in military aid with US military contractors, effectively using the foreign aid budget to subsidize domestic weapon-makers.
I’ve never really understood why Israel can’t fund their own military: