Breakdown of Federal Expenditures:
1.08% for foreign affairs:
Military assistance to foreign countries.
Economic assistance to foreign countries.
Maintenance of US Embassies abroad.
Notes:
Foreign affairs spending was 1.08% of the total budget in 1995. This spending included military assistance to foreign countries, economic assistance to foreign countries and the maintenance of U.S. Embassies abroad. I don’t think cutting this spending is going to balance the budget. Also, you need to think about the spending we do in the middle east where most of our oil now comes from. Instability in this region probably means instability in the U.S. economy since oil is such and important economic resource to our country’s overall economic health.