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re: The U.S. national debt hits $40 trillion

Posted on 8/21/26 at 2:19 pm to
Posted by N2cars
Member since Feb 2008
40409 posts
Posted on 8/21/26 at 2:19 pm to
Well, you're wrong.

The agency cut 94% of their employees, and total foreign aid was cut 16% , to $50B, which was still $19B more that the WH requested.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
79884 posts
Posted on 8/21/26 at 2:40 pm to
So $50B was going to USAID and now we slashed that amount by 16% to $50B.



You said:
quote:

That's a pittance compared to the $50B that was going to USAID.
This post was edited on 8/21/26 at 2:42 pm
Posted by N2cars
Member since Feb 2008
40409 posts
Posted on 8/21/26 at 3:05 pm to
Read what I bolded for you.

Try to think about it.


They read the percentages.






Posted by N2cars
Member since Feb 2008
40409 posts
Posted on 8/21/26 at 3:10 pm to
You do know USAID was a separate agency and is not the same as all foreign aid, right?

You were correct that a lot of their functions did get absorbed into existing agencies, but total spending on foreign aid did go down, largely because of getting that ridiculous agency.


quote:

USAID itself no longer receives funding as an agency — it was dissolved in 2025 and its surviving functions were absorbed into the State Department and USDA. By May 2026 it was down to about 236 employees, roughly 94% fewer than in 2012, and it spent $18.9 billion in FY2025 as it wound down. (USAFacts)
For U.S. foreign aid overall, the current number is $50 billion. Trump signed the FY2026 budget on February 3, 2026, funding the government through September with $50 billion in foreign assistance — a 16% cut from 2025, but $19 billion more than the White House requested. (Maryknollogc) FY2025's enacted level was $59.7 billion. (Devex)


This post was edited on 8/21/26 at 3:13 pm
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
79884 posts
Posted on 8/21/26 at 3:14 pm to
I get it, I said the 50B is just going somewhere else.

Which it is.
Posted by iosman987
Member since Feb 2020
40 posts
Posted on 8/21/26 at 3:27 pm to
Crossing the 40 trillion mark highlights just how fast government spending and budget deficits have escalated over the last few years, especially following the pandemic stimulus funding.
Posted by N2cars
Member since Feb 2008
40409 posts
Posted on 8/21/26 at 3:32 pm to
I give up.
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