As we shared in a recent video post from a noted political psychologist, most 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.”