February 22, 2011
U.S. Interests Not Advanced By Foreign Aid
Doug Bandow, Forbes
The federal budget deficit will run a record $1.65 trillion in 2011. So why does Washington continue to subsidize foreign governments?
The House Republicans appear determined to reduce spending, and one of their targets is foreign “aid.” This year the State Department would lose 16% of its budget; humanitarian aid would drop by 41 percent.
TAGGED: United States, Egypt, Pakistan, Foreign Aid