Congress Passes Bill to Improve U.S. Foreign Aid Effectiveness
WASHINGTON--(BUSINESS WIRE)-- Bread for the World praised the House of Representatives for passing the Foreign Aid Transparency and Accountability Act of 2016 (H.R. 3766) late last night. Earlier, the Senate passed its version of the bill. The bill now goes to President Obama for his signature.
“Making U.S. foreign assistance more transparent and accountable will help ensure that our tax dollars are used effectively,” said Rev. David Beckmann, president of Bread for the World. “This is especially important now that the global community has embraced new goals to end hunger and poverty by 2030.”
The bill establishes important guidelines to ensure that U.S. foreign assistance dollars are administered in a transparent, accountable, and effective way. The bipartisan bill was sponsored by Reps. Ted Poe (R-Texas) and Gerry Connolly (D-Va.) in the House and Sens. Marco Rubio (R-Fla.) and Ben Cardin (D-Md.) in the Senate.
The bill requires the president to establish uniform guidelines across all U.S. foreign assistance programs. It also requires a public website—known as the Foreign Assistance Dashboard (www.foreignassistance.gov)—with detailed information about how such aid is used. Each relevant federal department or agency would be required to publish and update the dashboard quarterly with such information as budgets, evaluations, and strategies.
Over the years, Bread for the World and its members have sought to improve U.S. foreign assistance by emphasizing a stronger focus on reducing poverty and clearer accountability for how U.S. tax dollars are spent. Bread worked closely with the Modernizing Foreign Assistance Network to advocate for the bill in Congress.
“We thank the congressional leadership for their continued work to pass this common-sense, bipartisan bill,” Beckmann said. “More openness and transparency will help improve our foreign assistance programs and better allocate resources to where they are needed most.”
Bread for the World (www.bread.org) is a collective Christian voice urging our nation’s decision makers to end hunger at home and abroad.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160706006109/en/
Bread for the World
Chris Ford, 520-904-0415
[email protected]
Source: Bread for the World
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Little Leaf Farms Begins Commissioning of New Tennessee Greenhouse, Accelerating Expansion Amid Growing Demand
- BetMGM Secures Exclusive First-to-Market Rights to New Rakin' Bacon!® Games in Alberta
- A New Era of Self-Care Begins in Lubbock as Glo Tanning Opens
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
Barack ObamaSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share