Who pays the bill when Israel bombs Gaza?

Guess who gets to pay to replace the electric plant in Gaza that the Israelis bombed out a couple of days ago... You do:

United States officials said Saturday that U.S. funds would be used to pay for the damages caused by the strike. The power station was insured by a U.S. government agency, according to The Boston Globe.

The bill to the American taxpayer could run $48 million.

[A hat tip to Juan Cole]