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In the scale of the US GDP this amount is nothing.
The US spends easily 500x this on its citizens. Foreign aid is essential for America to maintain its place in the world order. This investment pays for itself a million times over through American foreign relations and trade.
So to answer your question, this is not insulting because it's a tiny fraction of Americas budget and it will benefit America and its citizens.
How is blowing up Palestinian people good for America? Like Ukraine is one thing as I've already stated but Israel is an entirely different beast (a genocidal beast at that).
You say it's a tiny fraction of what we spend on our own citizens but then where is all that money going? Our billionaires are richer than ever meanwhile homelessness is at record highs since the fuckin depression.
Make it make sense.
Holy moving goalposts Batman!
No one mentioned Palestine.
I did when I brought up Israel??
You should ask that in another post/comment because everyone is answering the Ukraine part. Anyway the return the US is supposed to be getting is an unstable Middle East, preventing the rise of a regional power (matters for cheap oil) and getting an "unsinkable aircraft carrier" in the region. It's evil as fuck and its efficacy is debatable but that's the theory.
To understand the geopolitics you first need to understand that genocide means nothing to these countries. Countries will pretend to give a fuck when they can use that as a reason to justify their actions but when it doesn't align with their interests the ignore it.