After President Obama’s election in 2008, the foreign aid budget was $49.1 billion. Since then, aid cuts took effect to several countries leading up to 2011. When you add the $11.6 billion in war related to Afghanistan and Iraq for counterterriosm and humanitarian assistance, the 2012 foreign aid budget is up to $47 billion. What I think Obama and his administration should do is to cut the aid to all countries down so all the amounts are roughly the same. Use that savings to start bringing down our big national debt which is $16,485,315,000,000, and climbing, will not stop until we take action.
When you look at the overall amount of the foreign aid budget from 2011 to today, it’s estimated at $151.4 billion. That’s a lot of money if you ask me, if not just ask a politician. One politician said “A billion there, a billion here; now you’re talking real money.” The U.S should think of a plan to work something out with our “ally” countries who receive foreign aid such as the following: cutting aid off completely for a few years or cut it down almost half. We could use that money not only for our national debt, but also use it to pay the teachers, hard workers, and skilled professionals, who were laid off during the recession. Then use that money to bring the teachers, hard workers, etc, to boost the businesses back up. Not only so the people of U.S.A. are happy, but our country isn’t in such a tough situation. If the countries that we cut aid from aren’t happy, well, they should be grateful for the past foreign aid.
When we give foreign aid, it’s for a specific purpose. Each amount of money sent is split into different sized chunks for different reasons. Harvey Stelman, an illustrator at Helium.com says, “It’s a truly wonderful thing for our country to give foreign aid, but where does the money actually go?” We keep giving and giving money to foreign countries, but have no idea if they will use it for what its intended. For example: We give money to Pakistan so they don’t become aggressive with nuclear weapons. Do you really think they will use that money for food etc. or will they use it to build bigger weapons of mass destruction? You tell me.
What should our federal government do to take care of all this? Cut the aid off completely, and tell the countries what’s up? Or, cut the aid back to a smaller amount? When you look at the big picture foreign aid is only 1% of our Federal Budget. In that 1% the number is large, but it’s a start to lowering our big national debt, and can be used to give jobs to the millions of unemployed.