Tuesday, July 15, 2008

Obama Pledges to Double U.S. Foreign Assistance


In a speech today, Presidential candidate Barack Obama pledged to double U.S. Foreign Assistance stating:

"I will make the case to the American people that it can be our best investment in increasing the common security of the entire world. That was true with the Marshall Plan, and that must be true today. That’s why I’ll double our foreign assistance to $50 billion by 2012, and use it to support a stable future in failing states, and sustainable growth in Africa; to halve global poverty and to roll back disease. To send once more a message to those yearning faces beyond our shores that says, “You matter to us. Your future is our future. And our moment is now."