Foreign Relations Subcommittee Chairman David Perdue Holds Hearing On Foreign Aid Public-Private Partnerships
Seeks to identify future partnerships to help foreign aid dollars go further
WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) today led a hearing in the Senate Foreign Relations Subcommittee on State Department and USAID Management, International Operations, and Bilateral International Development on the role of public-private partnerships in foreign aid. A key witness included Georgia company Coca-Cola.
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“As a member of both the Budget Committee and the Foreign Relations Committee, I have a unique perspective on how our global security crisis and our fiscal crisis are intertwined,” said Chairman Perdue. “Even though foreign aid is less than one percent of the federal budget, I keep that in perspective given that in our current fiscal situation every dollar we spend on the State Department and USAID is technically borrowed. It behooves us to be very responsible about how we invest our limited taxpayer dollars, and I think this natural leverage we get with these partnerships is extremely important today given the needs around the world.”
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