The Jewish lobby-controlled U.S. Government has agreed to increase “aid” to Israel from the current $3.1 billion per year to $3.8 billion in what the State Department has described as “the single largest pledge of bilateral military assistance in U.S. history.”

The ten-year, $38 billion handout was described by the Times of Israel as a “massive” deal which would help Israel maintain its “qualitative edge” over the Palestinians.

The agreement, which replaces a previous deal that is set to expire next year, will be signed next Wednesday in a State Department ceremony.

According to the Times of Israel, the acting head of Israel’s National Security Council, Yaakov Nagel, who is already in Washington, will sign the agreement on behalf of Israel.

Under the terms of the deal, Israel has “pledged not to seek additional funding from Congress for the next decade”—an act of chutzpah which the controlled media is presenting as some type of “concession.”

The new aid package will see Israel receive $3.8 billion annually—up from $3.1 billion—starting in 2019 and through 2028.

According to earlier reports, Israel had asked for a separate, $400 million deal for missile defense spending—which could have raised the total amount to more than $4 billion annually. However, the final figure was set without that provision.

“There was no higher figure ever discussed,” the former Israeli national security adviser Ya’acov Amidror said Tuesday, describing the deal as “the best possible” accord.

The U.S. has either jointly developed or financed all three tiers in Israel’s missile defense program—Iron Dome (short-range missile interceptor), David’s Sling (medium range), and Arrow (long range).

The handout to Israel—which refuses to allow non-Jews, refugees, or “asylum seekers” to enter its territory, which outlaws marriages between Jews and non-Jews, and tests potential immigrants by DNA to make sure they are pure Jewish, all policies which the U.S. Government would fight against if implemented by any European states—comes at a time when the Federal Deficit is set to reach $616 billion in 2016.

This means that Americans—already drowning in government-created debt and effective state bankruptcy—will sink further into economic depression to hand over cash to nuclear weapon-armed Israel so that it can continue to remain a “state for the Jews.”