Paul: Stemming the Flow of Wasted Foreign AidSubmitted by ronpaul1fan on Fri, 05/03/2013 - 12:53
Today in the Washington Times...
Can you imagine how quickly US debt would go down just by reducing the outflows? It's just sickening.
There are many examples of waste, theft and misuse of our military aid to countries such as Egypt and Pakistan. Much of this misuse has been recorded by the State Department. We have laws as part of the Arms Export Control Act that require President Obama to report to Congress violations by foreign countries of the conditions of their aid. Theft of funds or equipment, or the misuse of defense articles, would qualify in this regard.
If a substantial violation is discovered, that country can be deemed ineligible for further U.S. military aid. To my knowledge, this has never actually occurred. Still, the abuse and misuse continues, as does American taxpayer dollars flowing to countries that behave in this fashion.