Loans? The US GIVES (doesn't loan) Israel something like $3 billion per year.
"Something like."
Wrong.
http://www.jewishvirtuallibrary.org/jsource/US-Israel/foreign_aid.html
Between 1980-2009, the average was ~2.1 billion. About 10% of this "aid" is in the form of loan-based grants, while the rest is designed solely for hardware. 75% of all money must be spent inside the US, and over 1,000 companies are recipients of this aid - generating over
50,000 jobs in America.
Before 1967 Israel received barely any aid, token contributions mostly to absorb immigrants and or holocaust survivors. Except for a 3 billion aid to help settle immigrants, between 1960-1985, Israel strictly received loans (with a favorable interest rate), all of which have been repaid.
The argument behind aiding Israel was predicated on the belief that if Israel did not feel "secure" by having a qualitative edge over the Arab states, then war was most likely - wars that would cost the US far more than the money they spent aiding Israel.
So have as now Israel is the #3 foreign aid recipient, behind Pakistan and Iraq. But support for Pakistan is not permanent, and is not an annual thing. Since 2001 Pakistan has received about 16 billion in aid, and 600+ dead American soldiers.
Also note that a minority of aid was spent to pull out of Sinai (7 billion) and Gaza (2.5 billion.)
$80 billion? Until you can provide a source for this outlandish claim I'm going to assume you're a liar who makes up "facts."
Between 1974 and 1990, Israel received $18.3 billion in U.S. military grants, but, that in the same timeframe Israel provided the U.S. with $50-$80 billion in intelligence, research and development savings and Soviet weapons systems given to the U.S.
http://www.military-heat.com/46/black-ops-american-pilots-flying-russian-aircraft-cold-war/
http://www.israpundit.com/2008/?p=12828
Here's what your government has to say:
Senator Daniel Inouye
Israeli data on the Soviet military has saved the U.S. billions of dollars and that the contribution made by Israeli intelligence to America exceeds information provided by all NATO countries combined.
General George Keegan, former head of U.S. Air Force Intelligence
Israel is worth five CIA’s.
Former Secretary of State and NATO forces Commander Alexander Haig
the largest American aircraft carrier in the world that cannot be sunk, does not carry even one American soldier, and is located in a critical region for American national security
Arguments for cutting aid to Israel is inconsistent with military sentiment, and is generally based on ignorance and lack of understanding.
Those who say Israel's aid must be cut based on its military policies - this is a blatant double standard. Egypt has been complicit in supporting the Arab Islamists in Sudan, and has rendered its 4+ million Sudanese refugees to apartheid status. It also supports the Islamists in Somalia and has used US-supplied cargo planes to deliver aid and food.
Jordan is #1 torture country for the Middle East, and has stripped 20,000+ Palestinians of their citizenship.
Iraq has failed miserably in using their aid appropriately, much of it has been siphoned off to foreign bank accounts and the rest wasted. Same with Pakistan.
so people who single out Israel - when the Muslims receive far more aid without conditions (unlike Israel) tend to be either ignorant of America's foreign policy or Jew-bashers.