USAID Sparks Debate, Does Foreign Aid Work? - podcast episode cover

USAID Sparks Debate, Does Foreign Aid Work?

Feb 13, 202533 min
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Episode description

Democrat lawmakers are not happy after the Trump administration takes a hard look at what to do with USAID, the independent humanitarian arm of the US government. Elon Musk, head of the DOGE Department, has said that USAID is unnecessary, providing funding for needless social programs overseas, while Democrats say it provides much-needed humanitarian aid for developing nations. But does foreign aid actually provide any help to developing nations? Vice President of International Studies at the CATO Institute Ian Vasquez joins the Rundown to discuss the research that shows foreign aid has no bearing on actual development and why he feels most of USAID is a waste of taxpayer dollars. Later, former Administrator of USAID Andrew Natsios joins to explain why he feels USAID should continue in some capacity. The consumer price index for January came in worse than expected—President Donald Trump is calling it Biden's inflation. The report shows that the annual rate of inflation rose to three percent compared to January of last year. With egg prices skyrocketing and Americans still struggling to make ends meet, President Trump promises to get the economy back on track. Former Director of the Congressional Budget Office Douglas Holtz-Eakin joins to break down the current state of the economy. Plus, commentary from host of FOX Across America and FOX News Saturday Night, Jimmy Failla. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
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