The Trump administration’s first budget deals a harsh blow to the international affairs budget. With a topline reduction of 32 percent, few programs avoid cuts. One that fares relatively well, however, is the Millennium Challenge Corporation (MCC). Though the $800 million request is the lowest in the agency’s 15-year history, and—if enacted—would be its lowest-ever appropriation, it represents a cut of just 12 percent over last year’s enacted level.
Tag: The Trump Administration and Development
CGD experts are closely monitoring what the change in leadership in the United States portends for US development policy. Watch this space for detailed analysis of the new administration’s actions.