Trump will ask Congress to reduce foreign aid by 21%

The White House in its budget request for the fiscal year 2021 (starting on October 1) will propose to the US Congress a 21% reduction in aid to foreign countries while increasing funds to counter Russia and China.  This was reported on Sunday with reference to a representative of the Washington administration of high rank. 

According to him, in the next fiscal year, US President Donald Trump will ask lawmakers to allocate only $ 44.1 billion for foreign aid - $ 11.6 billion less than was planned for this purpose this year.  At the same time, assistance to Ukraine is proposed to be maintained at the same level. 

In addition, the administration will ask for $ 700 million from the recently launched U.S. International Development Finance Corporation (DFC).  DFC is a development bank that, in collaboration with the private sector, provides assistance to developing countries. 

The budget application for 2021 will be published on Monday, Reuters notes. 

A year earlier, Trump proposed reducing the amount of assistance provided by the United States to foreign countries by $ 13 billion, but then he faced resistance from Congress. 

The presidential budget proposal is a request sent to Congress that describes the priorities of the administration.  The members of the House of Representatives and the Senate of Congress themselves develop and approve government spending, after which the head of state signs or rejects the final document