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View Full Version : Int'l Issues U.S. pledges $150 million to help Egypt's transition


rrl308
02-20-2011, 02:42 AM
WASHINGTON (Reuters) The United States will spend $150 million to assist Egypt's democratic transformation after the ouster of President Hosni Mubarak, Secretary of State Hillary Clinton said on Thursday.

"It's very clear that there's a great deal of work ahead to ensure an orderly, democratic transition. It's also clear that Egypt will be grappling with immediate and long-term economic challenges," Clinton told reporters after briefing lawmakers on Capitol Hill.

"I'm pleased to announce today we will be reprogramming $150 million for Egypt to put ourselves in a position to support the transition there and assist with their economic recovery," Clinton said.


Rest of Article: http://news.yahoo.com/s/nm/20110217/wl_nm/us_egypt_usa_aid_1

munkey
02-20-2011, 05:52 AM
WTF...really?

chiefforlife
02-20-2011, 08:48 AM
UNREAL!

How about assisting in OUR OWN economic recovery.

HonestChieffan
02-20-2011, 08:59 AM
Reprogramming....WTF?

Every expenditure over 10 grand needs congressional approval to stop this sort of shit and the government proves they can be trusted

patteeu
02-20-2011, 09:04 AM
Reprogramming....WTF?

Every expenditure over 10 grand needs congressional approval to stop this sort of shit and the government proves they can be trusted

Which is it? Earmarks or reprogramming?

In some cases, particularly foreign policy, the executive branch might be the better place to make these decisions.

chiefforlife
02-20-2011, 09:18 AM
What will it take for us to finally say, Hey we'd like to help but were BROKE!

I think when things are good, we should help as much as we can. Right now, thats not the case.

1.5 Billion already goes to Egypt?

1.5 Billion to Pakistan?

The list goes on and on.

HonestChieffan
02-20-2011, 09:24 AM
Which is it? Earmarks or reprogramming?

In some cases, particularly foreign policy, the executive branch might be the better place to make these decisions.


If we had an executive who would say no.

btlook1
02-20-2011, 09:36 AM
So we already give them 1.3 billion each year...WTF?


Clinton said Bill Burns, the under-secretary of State for political affairs, and David Lipton, a White House adviser on international economic affairs, would travel to Egypt next week to consult with various stakeholders on how too use the funds.

The United States has maintained a financial relationship with Egypt's military for a long time, providing about $1.3 billion in assistance per year.

President Barack Obama's budget request for the 2012 fiscal year kept Egypt's military assistance at this level, and U.S. officials hope this will help maintain U.S. influence with the military leaders who took charge of the country after Mubarak stepped down on February 11 following unprecedented political protests.

(Reporting by Andrew Quinn; editing by Mohammad Zargham)

patteeu
02-20-2011, 11:13 AM
This money is being reprogrammed from some other spending program. There's a decent chance it comes out of the foreign aid budget, maybe even the Egyptian aid budget. But even if it comes out of the EPA or the the FDA budget it's not new spending. We have an interest in the result of this revolution.

Jaric
02-21-2011, 01:11 PM
Usually you don't make it public when you bribe someone...