At that time. the State of Israel is expected to request the United States to guarantee $10 billion in loan guarantees over the next 5 years. This opportunity is both financially and morally correct. Israel. like the United States. is a country founded and sustained by immigrants. Both serve as a haven for those fleeing religious. economic. and political persecution. In the past year. Israel has been subject to a massive flow of refugees not seen since its founding in 1948. These United States guarantees will enable Israel to secure private loans to invest in human capitalperhaps one of the safest investments that our countries can make. During these times of fiscal austerity. the United States will be unable to make large monetary grants to assist Israel in this historic immigration. However. the opportunity exists to provide guarantees. which are not grants. and do not involve the transfer of any funds from the United States Treasury to Israel. In effect. the United States would simply be cosigning a mortgage loan for Israel. allowing Israel to secure loans from private.
Keywords matched
immigration immigrants refugees