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Foreign Aid Cut By 757 Million From Eisenhower Request
The House Appropriations Committee trimmed the President's foreign aid request by 757 million dollars to 3.193 billion for fiscal 1959. The panel lowered military assistance, defense support, and development loans while preserving some programs including technical cooperation. The committee urged cautious funding and said total new obligational authority would reach over 4.14 billion with carryover and obligated balances.
MENTIONED IN THIS ARTICLE
Washington
House Appropriations Committee
Eisenhower
House
Appropriations Group
Free World
Spain
Greece
Iran
Turkey
Pakistan
Cambodia
South Korea
Laos
Philippines
Formosa
Thailand
Viet Nam
U.S