Just Say No to Abuse Declaring War on Terrorism. Not Indexed Despite a small increase in the fiscal year 1998 measure, the U.S. Congress has reduced foreign aid spending each and every year since 1992. This year seems no different.
Congressional sources indicate that a variety of foreign aid programs are likely to face cuts.
These programs include, but are not limited to, money to implement the Wye River peace accords between Israel and the Palestinians, programs to deter nuclear weapons proliferation, money for reconstruction in the Balkans, and some development assistance. Used under License.