A Quote by Richard Engel

Foreign aid projects have pumped billions of dollars into the Afghan economy. — © Richard Engel
Foreign aid projects have pumped billions of dollars into the Afghan economy.
Health care's a great example. We spend billions of dollars a year in foreign aid helping people in countries where the money never gets to see the bottom tier, because the bad, corrupt politicians in the government that they have there end up taking what we give them.
Delayed energy projects and regulatory hurdles to domestic oil production not only cost the United States economy billions of dollars and millions of jobs, but they also stand in the way of an elusive goal: true American energy security.
Foreign trade is not a replacement for foreign aid, of course, but foreign aid to a country that doesn't also engage in significant amounts of foreign trade is more likely to end up in the pockets of dictators and cronies.
One of the things we have to acknowledge is that if you look at Haiti, many billions of dollars have gone into development aid there that have not been effective.
Regulating and taxing marijuana would simultaneously save taxpayers billions of dollars in enforcement and incarceration costs, while providing many billions of dollars in revenue annually.
You can look at that by comparing Medicare's growth rates to the private insurance world, to the other Federal programs that we run, by looking at the billions of dollars, not millions but billions of dollars, we waste every year.
The fact is I don't even have one cent of savings abroad, don't have accounts at foreign banks, don't have deposits abroad and don't even have any shares in foreign firms, much less hundreds of billions of dollars.
I would replace most foreign aid with a tax credit for businesses to invest. I think U.S. bureaucrats giving foreign bureaucrats money is a guaranteed failure. And we've had about 50 years' experience at failing with foreign aid.
Here we were talking about economic development, about investing billions of dollars in various programs, and I could see it wasn't billions of dollars people needed right away.
The boom was healthy too, even with its excesses. Because what this incredible valuation craze did was draw untold sums of billions of dollars into building the Internet infrastructure. The hundreds of billions of dollars that got invested in telecommunications, for example.
When our most important issue is the debt that we're piling on our children and grandchildren, I think it's pretty helpful to have someone in the U.S. Senate who has actually managed billions of dollars and knows how to cut billions of dollars.
I think there's definitely billions and billions in waste, fraud and abuse. There's billions that can be generated in the economy by eliminating the bureaucracy.
President Obama, I voted for him. I think he's a mature politician, but here's what happened. Obama wanted a green economy. He spent billions of dollars of tax money to create a green economy and it didn't happen. The question is why.
It is unimaginable that the United States would have to contribute hundreds of billions of dollars and highly unlikely that we would have to contribute even tens of billions of dollars.
Right now, the government is spending billions of dollars supporting the problem-makers in the U.S. economy - the polluters, despoilers, incarcerators, and warmongers.
Aid makes itself superfluous if it is working well. Good aid takes care to provide functioning structures and good training that enables the recipient country to later get by without foreign aid. Otherwise, it is bad aid.
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