Israel's Prime Minister Benjamin Netanyahu delivers his speech as U.S. ambassador to Israel David Friedman listen, during the opening ceremony of the new U.S. embassy in Jerusalem, May 14, 2018. Sebastian Scheiner | AP
Aid to Israel

US Military Aid to Israel Set to Exceed $3.8B, or $23,000 Per Year for Every Jewish Family Living in Israel

The massive funding for Israel’s military is the result of the 2016 U.S.-Israel Memorandum of Understanding on security assistance between the Israeli and U.S. governments, which called for annual funding of $3.8 billion — or $23,000 per year for every Jewish family living in Israel — for the next 10 years.