And although I am sure that all of my colleagues are fully current. perhaps it will not do any harm to sketch out the full dimensions. According to a recent study by the Congressional Research Service. between January 1990 and December 1991. Israel received 400.000 immigrants. mostly from the Soviet Union but also in substantial numbers from Ethiopia. Israel expects between three quarters of a million to I million additional immigrants over the next 4 years. The cost to absorb these people is not $10 billion. but somewhere between $45 and $50 billion: of which $10 billion Is supposed to come in the form of loan guaranteesnot grants. not loans from the United States but guarantees. a tiny portion of the cost of the loans themselves. a very tiny portion. attributable for accounting purposes in the form of guarantees. then $10 billion from other nations. $5 billion from donations. and $25 billion from the national budget of Israel. from its own citizens. The stakes here are immense.
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immigrants