By Josh Ruebner, contributor

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Fifty billion dollars. That is the eye-popping value of weapons Israeli Prime Minister Benjamin Netanyahu will reportedly ask President Obama for during their White House meeting today.

To put this staggering amount into perspective, this represents nearly half of all U.S. economic and military assistance to Israel — both grants and loans — provided over the first 60 years of the country’s existence. It is a two-thirds increase above the George W. Bush administration’s record-breaking agreement to give Israel $30 billion in weapons from 2009 to 2018.

It would place U.S. taxpayers on the hook for providing every Israeli man, woman and child with $600 worth of weapons each year from 2019 to 2028. And it would include an annual subsidy of more than $1.3 billion to the Israeli weapons industry under an exemption for Israel in current U.S. law which allows Israel to spend up to one-quarter of its U.S. military aid appropriation on its own domestic corporations (for all other countries receiving military aid from the U.S., 100 percent of the aid must be spent on U.S. weapons makers).

Read more in The Hill.