House Panel Cuts Foreign Aid In Proposed $34B Funding Bill

Law360, New York (July 18, 2013, 4:53 PM EDT) -- The House Appropriations Committee on Thursday released a proposed $34.1 billion fiscal year 2014 diplomacy and foreign aid funding bill, saying it would meet President Barack Obama’s requests for embassy and other foreign security spending, but only in exchange for heavy cuts to foreign aid.

Discretionary spending under the committee’s proposed FY2014 State and Foreign Operations Bill is about $8 billion, or 19 percent, below the fiscal year 2013’s enacted level, and about $6 billion below the final FY2013 figure prompted by an automatic sequestration cut,...
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