Trump proposes 21% cut in U.S. foreign aid in budget proposal – officials


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(Worthy News) – President Donald Trump will propose cutting billions of dollars in U.S. foreign aid in his fiscal 2021 budget while seeking an increase in funds to counter developing economic threats from China and Russia, senior administration officials told Reuters.

Trump, a Republican, sought in his budget proposal last year to slash foreign aid but faced steep resistance from Congress and did not prevail.

His latest budget, which will be released on Monday, is a blueprint for his spending proposals that is unlikely, again, to be passed, particularly in an election year. [ Source: Reuters (Read More…) ]

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