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Half Penny on the Federal Dollar: The Future of Development Aid
Paperback
EconomicsGeneral SociologyInternational Relations
ISBN13: 9780815764458
Publisher: Brookings Institution Press
Published: Apr 1 1997
Pages: 120
Weight: 0.41
Height: 0.42 Width: 6.09 Depth: 9.03
Language: English
Spending on U.S. foreign affairs, which constitutes only about one percent of the federal budget, is being sharply reduced. Under the President's 1996 budget plan, it will decline by just as great a percentage as defense between 1990 and 2002--and by substantially more than defense over the 1980-2002 period. No other major category of federal spending will undergo a real cut over either time period. The shrinking budget, totaling about $19 billion in 1997, will still have to fund the State Department, international broadcasting and educational exchanges, trade subsidies and investment guarantees for U.S. business overseas; United Nations operations including peacekeeping, and all types of foreign assistance.
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