Obama Increased Foreign Aid 80%; Spent 76% More on Foreign Aid Than Border Security

[ScienceRocks]

Obama Increased Foreign Aid 80%; Spent 76% More on Foreign Aid Than Border Security
CNSnews ^ | October 2, 2012 | Terence P. Jeffrey

Obama Increased Foreign Aid 80%; Spent 76% More on Foreign Aid Than Border Security | CNSNews.com

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.

In fiscal 2008, the government spent a total of $11.427 billion in international assistance programs, according to ( the Monthly Treasury Statement.) In fiscal 2011, according to the statement, it spent $20.599 billion—an increase of $9.172 billion, or 80 percent, from 2008.


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.


Since 2008, international assistance spending has increased each year. In fiscal 2009, it climbed to $14.827 billion. In fiscal 2010, it jumped to $20.038 billion. And, in fiscal 2011, it climbed again to $20.599 billion.


By the end of August, after the first eleven months of fiscal 2012, the federal government had already spent $20.058 on foreign aid in that fiscal year.

This is insanity. How about our poor??? Isn't it the job of those governments to help their own people??? This is a problem I have with third world people...They're lazy and careless.

 

[SniperFire]

Just another anal-widening factoid Romney gets to shove up Obama's rump.

 

[ScienceRocks]

It's like these third world people can't help themselves. Makes me wonder more about them.

 

[Chris]

Bush spent $3 trillion on useless wars.

 

[ScienceRocks]

Bush spent $3 trillion on useless wars.

I'll agree with that Christ. We could of spent that building our country up and advancing humanity in space.

 

[JakeStarkey]

Won't happen.

Romney will be elected and the GOP will shove it up Romney's rump as the on--the-pad legislators increase foreign aid.

Just another anal-widening factoid Romney gets to shove up Obama's rump.