Obama Increased Foreign Aid 80%; Spent 76% More On Foreign Aid Than Border Security

[SEE3772]

(CNSNews.com) - From fiscal 2008 to fiscal 2011, according to the U.S. Treasury, the federal government increased spending on foreign aid by 80 percent and, in fiscal 2011, spent 76 percent more on foreign aid than it did securing the borders of the United States.

In fiscal 2008, the government spent a total of $11.427 billion in international assistance programs, according to the Monthly Treasury Statement. In fiscal 2011, according to the statement, it spent $20.599 billion—an increase of $9.172 billion, or 80 percent, from 2008.

Prior to President Obama taking office, international assistance spending had been trending down for three years, according to the Treasury. 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.

Since 2008, international assistance spending has increased each year. In fiscal 2009, it climbed to $14.827 billion. In fiscal 2010, it jumped to $20.038 billion. And, in fiscal 2011, it climbed again to $20.599 billion.

By the end of August, after the first eleven months of fiscal 2012, the federal government had already spent $20.058 on foreign aid in that fiscal year. That was well ahead of the $18.439 billion the federal government had spent on foreign aid through August of last year. The Treasury has not yet published the final amount that was spent on foreign aid in fiscal 2012, which ended on Sunday.

While foreign aid spending has climbed over the past four years, spending on border security peaked in fiscal 2009 and has since declined. In fiscal 2008, the federal government spent $9.984 billion on customs and border protection, according to the Monthly Treasury Statement. In fiscal 2009, that increased to $12.122 billion. But, in fiscal 2010, that dropped to $11.376 billion. In fiscal 2011, it increased slightly to $11.698 billion—still less than the $12.122 billion spent on customs and border protection in fiscal 2009.

Through August of fiscal 2012, spending on customs and border protection was $11.259 billion, ahead of the $10.656 billion on customs and border protection spent through August of fiscal 2011.

The $20.599 billion spent on foreign aid last year was 76 percent more than the $11.698 billion spent on customs and border protection.

Included, among other things, in the $20.599 billion spent on foreign aid last year, according to the Treasury, was $5.717 billion for the Economic Support Fund, $5.322 billion for the Foreign Military Financing Program, $3.177 in multilateral assistance, $4.248 billion for the Agency for International Development (including $1.210 billion in operating expenses for AID), $395 million for the Peace Corps and $125 million for international monetary programs.

The foreign military sales program, which Treasury includes in its accounting of international assistance programs, took in $23.947 billion in fiscal 2011 and paid out $23.947 billion. Thus it had no impact on the net outflow of aid from the United States to foreign interests.

Below in billions of dollars is the annual spending on international assistance and customs and border protection over the past nine fiscal years. (The figures for fiscal 2012 include only the first eleven months of the fiscal year.)

.............................. ............Foreign Aid...Customs & Border

FY 2012 (first 11 months)..........$20.058 $11.259

FY 2011.......................... ...........$20.599 $11.698

FY 2010.......................... ...........$20.038 $11.376

FY 2009 .............................. ......$14.827 $12.122

FY 2008 .............................. ......$11.427 $9.984

FY 2007 .............................. ......$12.764 $7.948

FY 2006 .............................. ......$13.914 $7.069

FY 2005 .............................. ......$14.787 $6.278

FY 2004 .............................. ......$13.788 $6.660



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[wellendowed1911]

Foreign aid will always be more than border security-duh!!!! Who is a bigger threat countries like Pakistan or Mexico????

Do the numbers on this: Obama wants to cut military spending- Romney wants to keep the current spending rate- the United States spends more on military spending than the next 10 countries COMBINED and that includes China and Russia.

So with the Cold War long over- give me a reason why the U.S needs to spend more in military than the next 10 countries combined and why does Romney, Tea Party and the GOP as a whole believe we should not reduce military spending?

[Yssup Rider]

Romney also has asked for shit the military said it didn't need.

How much is he going to spend on "self deportation?"

He hasn't been real specific about anything he's going to do outside of getting tough on China ... And I think he was talking about his everyday China.

[wellendowed1911]

Originally Posted by Yssup Rider

Romney also has asked for shit the military said it didn't need.

How much is he going to spend on "self deportation?"

He hasn't been real specific about anything he's going to do outside of getting tough on China ... And I think he was talking about his everyday China.

I am very amazed that Romney as an ex- business man says on Day 1 he is going to label China as a currency manipulator. Labeling China as a currency manipulator will have drastic consequences #1- labeling China as a manipulator is like a person getting a million dollar from a bank and then all of a sudden going back to the bank and telling the bank you think they are a "fraud". The last thing we need is for China's economy to be weak- because if it does it hurts us(USA) and other European countries as well.

Also, how many things does Mitt plan to do on Day 1??? He said he will repeal Obamacare on day 1, he will approve the Oil pipeline on day 1 and also label China as a currency manipulator all on his 1st day??? WOW!!!!

[CuteOldGuy]

Here's a shock. I think Romney is lying about getting tough on China. It sounds good in a campaign, but there's no way he will make it happen. My guess is if he gets elected, between election day and the day he's sworn in, he will "negotiate" some kind of fake deal with the Chinese so it won't happen.

Ok? Romney is lying. I said it. Happy now?

[i'va biggen]

clap clap clap

[SEE3772]

Originally Posted by wellendowed1911

Foreign aid will always be more than border security-duh!!!! Who is a bigger threat countries like Pakistan or Mexico????

Do the numbers on this: Obama wants to cut military spending- Romney wants to keep the current spending rate- the United States spends more on military spending than the next 10 countries COMBINED and that includes China and Russia.

So with the Cold War long over- give me a reason why the U.S needs to spend more in military than the next 10 countries combined and why does Romney, Tea Party and the GOP as a whole believe we should not reduce military spending?

Mexico, with out a doubt. This article was about every aspect of border security.
Obama wants to close Guantanamo Bay, still open. Obama wants to stop banker/wall street crony capitalism... still occurring at a much more rapid rate. Obama ended the war in Iraq... even though two of my friends were deployed to Iraq last week. Obama wants to do this Obama wants to do that... all talk. Why people always turn issues like this into a left right thing I will never know. The L-R are the same.
Surprised nobody has blamed 43 yet...

[Guest123018-4]

Continuing resolution holds spending to the same level as the last budget that was passed but does not stop the movement of money from one place to another. The end result is Obama is already spending any and all of the money that he claims is saved from stopping the war in Iraq, wven though we are still in Iraq.
The fact remains that our government is borrowing that money that we are giving away.

One of these days the libertarians will understand that the way to success is to take over or at least reshape one of the existing parties and make the gains through the same incremental-ism the communists have doe via the Democrat party. While I agree that Libertarian is a much better path than either of the two, I also understand that it will not happen in one election cycle or two or three.