MCC: Foreign aid in action

Most people are surprised when they learn how little we actually spend on foreign aid. But as we know, global health issues know no boundaries. That’s why it is so very important that spend our foreign aid  money wisely. I’m at The Hill today discussing a model that I think does a great job.

Most Americans agree foreign aid helps improve our nation’s image globally and protects Americans’ health by preventing the spread of diseases.

In fact, it does more than that. Our comparatively small investment in foreign aid enhances national security by stabilizing weak states and helping to fight the causes of terrorism. It encourages economic development, opening new global markets for American business. And it supports our humanitarian goals and values, advancing peace and democracy.

Considering the benefits, the surprising truth is that the U.S. spends less than 1 percent of our budget on foreign aid, and that amount has been dwindling due to sequestration. At a time when we are faced with global unrest and budget cuts, we must make strategic investments in foreign aid programs that have a record of success.

The Millennium Challenge Corporation (MCC) is a prime example.

Read more at The Hill