Foreign Aid Headed for Another Decrease


© Bryan Johnson

Despite a small increase in the fiscal year 1998 measure, the U.S. Congress has reduced foreign aid spending each and every year since 1992. This year seems no different.

When Republicans gained control of Congress in 1992, the U.S. foreign aid budget (as defined by the official budget designations) was about $18 billion. The most recent figures being considered today are in the neighborhood of around $12 billion (of course, these numbers do not include World Bank/IMF replenishments, humanitarian missions like Bosnia, Kosovo, Sudan, Haiti, and related operations and programs).

President Clinton is requested almost $15 billion for FY 2000. Congressional sources indicate that a variety of foreign aid programs are likely to face cuts. These programs include, but are not limited to, money to implement the Wye River peace accords between Israel and the Palestinians, programs to deter nuclear weapons proliferation, money for reconstruction in the Balkans, and some development assistance.

Finally, Congress will likely cut funding for Russia, and other countries from the former Soviet Union.

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