President Trump Reportedly Cut Funding to China in Half Last Year
According to an Office of Management and Budget report, the United States cut funding to China in half in 2020, marking a 52% cut in aid to one of our largest international rivals.
According to the Spectator, “The [Office of Management and Budget] report, which provides a full accounting of US spending on China and is the first of its kind, revealed several key trends that are sure to thrill China hawks. Direct aid to China fell from $62 million in Fiscal Year 2019 to $30 million in Fiscal Year 2020, a decrease of 52 percent.”
“At the same time, the US increased spending on programs it deemed to be effective in curbing China’s global ascendency. In 2020, Congress appropriated $300 million for the brand new Countering Chinese Influence Fund, which the OMB says is used for ‘cybersecurity, government transparency, foreign military financing, efforts to counter Chinese propaganda, and many other strategically important activities,’” the Spectator continued.
President Trump also stuck to another promise he said that NATO allies would have to pay more in defense. As of this year, NATO now pays $50 billion more than they did in 2016.
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