The OPIC Blog

The federal budget and foreign aid, Part 2

As we shared in a recent video post from a noted political psychologist, mostCorporate logo for the U.S. Global Leadership Coalition Americans think the United States spends a lot more of the federal budget on foreign aid than we actually do. President Obama addressed this topic last week when answering a question from a participant in a Google+ “Hangout” live video feed.

This post from the U.S. Global Leadership Coalition – a network of people and organizations concerned with diplomacy and development – has a great video clip that captures the dialogue.   As the President explains, “We only spend about 1% of our budget on foreign aid. But it pays off in a lot of ways.”

Share and Enjoy

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Related Post

Video: The federal budget and foreign aid

How much does the U.S. spend on foreign aid? As political psychologist, Dr. Steven Kull noted during a recent visit...

“OPIC can transform the way we think about the business community and its relationship with international development.”

OPIC President and CEO Elizabeth Littlefield is featured this month in Forbes, where she discusses OPIC’s work supporting U.S. businesses...

Global Development Supports Domestic Development

By Elizabeth Littlefield, OPIC President and CEO At first glance, the prospects for American foreign aid and investment might look...