I have some suspicions, but I’d like to learn a bit more about the actual process. When the US sends another x billion in military aid to Israel, how does that physically go down?
My guess is that money is magicked up into some account out of thin air, and then is sent to mostly US defense contractors to pay them welfare to ship weapons and munitions to Israel. Added to that would be DOD budgets for operations to support them in theatre, etc.
So basically my assumption is that the whole process is basically a giveaway to defense contractors, at the expense of the entire country, either by wasting tax dollars or creating more money supply which contributes to inflation and other fun things. I also keep seeing headlines about bills to stop “weapons sales to Israel” but it confuses me because my understanding is that most of it is being given to them and they’re not buying anything. (I guess we’re giving them money and they then buy from the defense contractors?)
Anyway, lots of vague speculations and assumptions, hoping someone knows better or has a good source for me to read to educate myself.
There are 3 things happening, aid in the form of money, direct transfers of weapons, and weapons sales. The US is doing all 3 with regard to Israel.
Almost all (federal) government spending is done through the creation of new money, taxes are a very small part of the pie. The debt ceiling is an artificially created problem meant to force austerity measures, the government simply could not function on taxes alone.