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USA will reduce the amount of financial aid to foreign countries
 The money will be spent on needs inside the country. 05.Mar.17 9:50 PM By Andrey Shulga Photo Toinnov.com |
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The administration of new US President Donald trump intends to reduce the financial expenditure of the country on the support of other States. This was reported to journalists by the Director of the office of management and budget the White house Mick Mulvaney. According to the Wall Street Journal, trump intends to cut funding for state Department and Agency for international development (USAID) by 37%. Now the total budgets of the two structures is equal to $ 50 billion. The money saved by the presidential administration plans to spend on the needs in the country. So military spending America will be increased by 54 billion dollars. March 16 new amendments to the country's budget for the 2018 fiscal year will be considered by the Congress. Note that the US military budget for 2017 is 602 billion dollars. | |
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