5 1 min 9 yrs

Always good to judge Presidents on their track record since that shows where the real priorities lie;

From fiscal 2008 to fiscal 2011, according to the U.S. Treasury, the federal government increased spending on foreign aid by 80 percent and, in fiscal 2011, spent 76 percent more on foreign aid than it did securing the borders of the United States.

Yip, I think that sums it up. Four more years, right?

And to put it in perspective?

Prior to President Obama taking office, international assistance spending had been trending down for three years, according to the Treasury. In fiscal 2005, it was $14.787 billion. In fiscal 2006, it dropped to $13.914 billion. In fiscal 2007, it dropped again to $12.764 billion. And, in fiscal 2008, it dropped yet again to $11.427 billion.

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5 thoughts on “ALL ABOUT PRIORITIES…

  1. Prior to President Obama taking office, international assistance spending had been trending down for three years, according to the Treasury. In fiscal 2005, it was $14.787 billion. In fiscal 2006, it dropped to $13.914 billion. In fiscal 2007, it dropped again to $12.764 billion. And, in fiscal 2008, it dropped yet again to $11.427 billion.

    What perspective is that?

    We’re all aware that there was an extremely severe financial crisis in Europe and the US that happened just before Obama took the reins. Of course there has been more international financial assistance since then!

  2. As a percentage of the budget, foreign aid is very small beans indeed. And it is in our enlightened self interest to provide assistance.

  3. I can’t get too worked about a measly 1.7% of our national budget considering we’re about to be toppled by medicare/medicaid and social security expenditures.

  4. The majority of ” foreign aid ” goes to Afghanistan, Iraq, israel, Egypt and Pakistan.

    You’ve convinced me. Cut these all 50 pct. We’re cool.

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