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Worldwide Waste: How the Government is Using and Losing Your Money Abroad - Part II: Foreign Economic Development
Senate Committee on Homeland Security and Governmental Affairs Subcommittee on Federal Spending Oversight and Emergency Management
Senate Committee on Homeland Security and Governmental Affairs
Subcommittee on Federal Spending Oversight and Emergency Management
Abstract
Chairman Rand Paul of the Subcommittee on Federal Spending Oversight from the Senate Committee on Homeland Security and Government Affairs issued a series of waste reports of American foreign expenditure. This is part 2 of 7 cataloging over $3 billion in wasteful spending. This specific volume reports on foreign economic development including ~$153 million in foreign loan guarantees from foreign banks, $3 million in subsidizing foreign textiles, $15 million in training overseas cashiers, ~$24 million in promoting Moroccan job growth, ~$18 million in promoting foreign exports, $1 million in a single hazelnut consultant, $15 million in Palestinian Internships, ~$22 million in Philippine seaweed farming, $65k in Serbian cheese, and ~$300 million in Egyptian Banks.
Date
2017-01-18
Document Type
Senate Majority Staff Report
Serial Number
Document Length
11 pages
Congress
115
Relation
DOI
Keywords
Staff Reports
PAP Major Code
20: Government Operations
PAP Minor Code
2002: Government Efficiency, General Regulatory Policy and Bureaucratic Oversight