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"$250M to Economic Support Fund (Economic, security, and stabilization purposes)" sounds rather disappointing. Just a drop in the bucket no?
by rapind 7y ago
"$250M to Economic Support Fund (Economic, security, and stabilization purposes)" sounds rather disappointing. Just a drop in the bucket no?
- themodelplumber 7y agoI believe ESF is for supporting and stabilizing overseas (non-U.S.) democracies & strategic interests. Speaking of US homeland economic support, one could argue that the combined effort shown by the bill, and all of the allocated budget money, is going toward support of the US economy in some way.
- IAmEveryone 7y agoThe ESF is a foreign-facing economic support fund. The idea is to stabilise Middle- and South-American countries, for example, to avoid mass migration. Or at least that's what we tell Republicans. The real purpose is obviously to help the poorest countries, because that's what you do when you can. And, yes, $250M is a rounding error. But the foreign aid budget is famous for being estimated as 20% of the federal budget if you survey the general population, when in reality it's <0.5%. So this isn't unusual or anything.
- rapind 7y agoUnderstood. Thanks for clarifying.