RealNews

Bush budget would slash assistance to Latin America

At a time when many Latin American countries are shifting to the left and Venezuelan President Hugo Chávez is promising significant aid to his neighbors, the Bush administration is proposing major cuts in foreign aid to the region. The administration’s fiscal year 2007 request to Congress includes a 28.5 percent cut in development assistance for Latin America and the Caribbean, according to the figures issued by the White House earlier this week. Full Story

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