Despite the fact that current legislation to give Israel $38 billion over the next 10 years is still pending, the Trump administration is about to give Israel the first installment: $3.8 billion. That amounts to $7,230 per minute to Israel, or $120 per second. The money will be deposited in an interest bearing Israeli account at the New York Federal Reserve Bank, costing the U.S. economy even more…
Tags: palestinian authority
Bill would spend Palestinian taxes on Israeli families
An Israeli bill would divert some of the revenue that Israel is obligated to hand over to the Palestinian Authority, to stay in Israel. This revenue is earmarked for social welfare payments to families of Palestinians captured, injured, or killed by Israel. Israel claims this practice promotes terrorism.