Why the fuck should we give Biden an millilitre of credit?
Biden - or strictly, the USA at large because it'd be the same no matter who were running it - is perfectly happy for Israel to exploit, brutalise and oppress the Palestinians. The sole problem Biden has with it is that when Israel's a bit too excessive, it makes Israel, the USA and him look bad.
In essence, Biden is spending US money on an aid campaign to facilitate Israel's ability to continue oppressing the Palestinians. And thus the absurdity that the USA is flinging huge quantities of money at empowering Israel to oppress Palestinians, and then flinging significant quantities of money at the Palestinians to counteract the adverse effects of the USA empowering Israel to oppress Palestinians. The whole concept of trying to prevent Israel oppressing the Palestinians isn't anywhere in their thought space.