Israel is still the top recipient of US foreign aid.
President George W. Bush’s administration submitted the foreign aid budget to Congress for 2008, requesting $20.27 billion, a 12 percent increase from 2007.
The foreign aid budget comprises only a small portion of its overall budget of $2.9 trillion.
Israel will receive $2.4 billion. Since the Israeli-Egyptian peace treaty in 1979, Israel has received up to $3 billion in aid annually from the US.
As part of an initiative by former Prime Minister Benjamin Netanyahu, civilian aid has decreased over the course of the past 10 years, going from $1.2 million to being completely cancelled this year. Military aid to Israel has increased from $1.8 billion to $2.4 billion.
Egypt receives the second largest aid package from the US with $1.3 billion in military aid and $415 million in civilian aid. Jordan receives $264 million in economic aid as well as $200 million in military aid.
Aid to the Palestinian Authority has been frozen following Hamas’ victory in the recent PA elections.
Lebanon is expected to receive some $52 million in aid in 2008.