Doesn’t most of it get kicked back to spending on US -made MIC ordnance?
Yes,it does.
Yes, it’s mostly for US MIC. But it is debated and voted on by Congress and signed by the President. It’s on the American ballot.
But it means the IDF can have dangerous independence from the democratically elected government of Israel. And Israel is an industrious, hi tech, and prosperous country with a growing Jewish population that can afford such debt while the US is drowning in debt.