"This figure includes the $17.9 billion the U.S. government has approved in security assistance for Israeli military operations in Gaza and elsewhere since October 7—substantially more than in any other year since the U.S. began granting military aid to Israel in 1959," report authors Linda Bilmes, William Hartung, and Stephen Semler wrote. "Yet the report describes how this is only a partial amount of the U.S. financial support provided during this war."
In addition to the repeated multibillion-dollar rounds of military aid to Israel, related U.S. operations in the region, particularly bombing and shipping defense in and near Yemen—where Houthi rebels have attacked maritime commerce and launched missiles at Israel—have cost over $2 billion since last October.
"It has been difficult for the U.S. public, journalists, and members of Congress to get an accurate understanding of the amount of military equipment and financial assistance that the U.S. government has provided to Israel's military during the past year of war," the report states. "There is likewise little U.S. public awareness of the costs of the United States military's own related operations in the region, particularly in and around Yemen."
The analysis adds that regional hostilities "have escalated to become the most sustained military campaign by U.S. forces since the 2016-19 air war" against the so-called Islamic State in Iraq and Syria.
"The Costs of War project has an obligation to look at the consequences of the U.S. backing of Israel's military operations after October 7, especially as it reverberates throughout the region," Costs of War director Stephanie Savell said in a statement. "Our project examines the human and budgetary costs of U.S. militarism at home and abroad, and for the last year, people in Gaza have suffered the highest consequences imaginable."
According to the Gaza Health Ministry and international agencies, Israel's yearlong assault on Gaza has left at least 149,000 Palestinians dead, maimed, or missing, and millions more forcibly displaced, starved, or sickened. U.S. military aid to Israel has continued in successive waves, even as the country stands trial for genocide at the International Court of Justice.
The Hamas-led October 7 attack on resulted in more than 1,100 Israeli and other deaths—at least some of which were caused by so-called "friendly fire" and intentional targeting under the Hannibal Directive—with more than 240 people kidnapped.
Although the Costs of War Project report mainly covers U.S. aid to Israel since last October, it also notes that since 1948—the year the modern state of Israel was founded, largely through the ethnic cleansing of Palestine's Arabs—American taxpayers have contributed over a quarter trillion inflation-adjusted dollars to the key Mideast ally.
A second report published Monday by the Costs of War Project found that around 90% of Gaza's population has been forcibly displaced by the Israeli onslaught and 96% of Gazans face "acute levels of food insecurity." The publication cites a letter sent last week by a group of U.S. physicians to President Joe Biden—who has repeatedly declared his "unwavering" support for Israel—stating that "it is likely that the death toll from this conflict is already greater than 118,908, an astonishing 5.4% of Gaza's population." That figure includes 62,000 deaths due to starvation.
"In addition to killing people directly through traumatic injuries, wars cause 'indirect deaths' by destroying, damaging, or causing deterioration of economic, social, psychological and health conditions," report author Sophia Stamatopoulou-Robbins wrote. "These deaths result from diseases and other population-level health effects that stem from war's destruction of public infrastructure and livelihood sources, reduced access to water and sanitation, environmental damage, and other such factors."
The new report comes less than two weeks after Israel secured yet another U.S. armed aid package, this one worth $8.7 billion. Meanwhile, the Federal Emergency Management Agency said it faced a nearly $9 billion shortfall for Hurricane Helene relief efforts.