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Foreign aid has become 'real money'($20+ Billion) ^ | October 03, 2012 | Joseph Farah

Posted on 10/04/2012 10:08:48 AM PDT by Perseverando

Exclusive: Joseph Farah compares billions given away to what's spent on border security

It may be an apocryphal quote attributed to the late Sen. Everett Dirksen: “A billion here, a billion there, and pretty soon you’re talking real money.”

There’s really no credible citation one can find that suggests he actually ever said those famous words – though I swear I can still hear him saying them when I was a child.

Those words were reverberating in my mind again this week as it was revealed that Barack Obama has increased spending on foreign aid by 80 percent through last year.

Transferring U.S. taxpayer dollars to foreign countries has always been a pet peeve for many Americans, but the actual money spent has never been that great – until now.

To put it in perspective, the U.S. government now transfers 76 percent more money overseas than it spends securing the borders of the U.S.

In fiscal 2008, the government spent a total of $11.427 billion in international assistance programs. In fiscal 2011, it spent $20.599 billion – an increase of $9.172 billion, or 80 percent, from 2008. A billion here, a billion there …

In fact, before Barack Obama took office, the trend on foreign aid spending was downward for at least three years. In fiscal 2005, it was $14.787 billion. In fiscal 2006, it dropped to $13.914 billion. In fiscal 2007, it dropped again to $12.764 billion. And, in fiscal 2008, it dropped yet again to $11.427 billion.

But since 2008, international assistance spending has increased every year. In 2009, it climbed to $14.827 billion. In 2010, it jumped to $20.038 billion. In 2011, it hit $20.599 billion.

But you ain’t seen nothing yet, because by the end of

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TOPICS: Constitution/Conservatism; Foreign Affairs; Government; Politics/Elections
KEYWORDS: debt; deficit; foreignaid; nationaldebt; spreadthewealth

1 posted on 10/04/2012 10:08:48 AM PDT by Perseverando
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To: Perseverando
Time is long overdue to zero out all foreign aid and throw the bastards at the UN out of the country.
2 posted on 10/04/2012 10:40:18 AM PDT by MasterGunner01
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