[MORE] From [HERE] and [HERE] By many yardsticks, Israeli citizens enjoy higher living standards than US citizens. With more unemployed people than at any time in U.S. history, President Obama next week is scheduled to sign the most lavish foreign aid package in the country's history - $3.1 billion in military assistance to Israel. This will be the largest military aid package the United States has ever given any country.
The Obama administration has said it is prepared to sign a 10-year “memorandum of understanding” that significantly raises the $3.1 billion a year the United States currently grants Israel under an existing agreement that expires in 2018. In addition, Congress has provided additional money for missile defense.