Wednesday, October 30, 2024

The US Is Funding 70% of Israel’s Wars

 by Kyle Anzalone | Oct 29, 2024

 

A new report by the Israeli outlet Calcalist reviewed Israeli military spending on wars since October 7, finding that Washington is funding 70% of Tel Aviv’s military costs. In a little over a year, the US has provided Israel with more than $20 billion in military aid. 

“The scope of American aid since the beginning of the war is about 85 billion shekels… According to official estimates by the Bank of Israel, the total cost of the war is…approximately NIS 118 billion.” It continues, “Therefore, according to a simple calculation, The Americans financed about 70% of the war effort.”

According to the Cost of War Project, the US has given Israel $22.57 billion in military aid since the Hamas attack. Calcalist concludes without US support, Tel Aviv’s war would simply be unaffordable. 

“There is no doubt that without the American aid the government deficit for the years 2024-2025 (which is one of the highest in the country’s history), would have increased by about 4.3 % GDP, which would have made it unfinanceable,” it says. “Therefore, it is doubtful whether this war would have been conducted as it is – neither in intensity nor in scope – without the American assistance.”

The US has sent Israel tens of thousands of bombs, artillery rounds, and tank shells. Those weapons have been used to commit countless war crimes against the Palestinian people of Gaza. 

The official death toll in the besieged enclave now exceeds 43,000. However, a group of American healthcare workers who have spent time volunteering in Gaza estimate the actual death count to be over 118,000. 

Dr Tammy Abughanim, a pediatric intensive-care surgeon, said, “We cannot do our jobs, because Israel has made our jobs impossible, and Israel has made our jobs impossible with the direct support of the United States.” She added, “We all know the obvious step is to stop supplying Israel with the arms that it is using, the weaponry that it is using to target and kill civilians.”

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