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Policy & Politics Millennium Challenge Deserves Chance to Show What It Can Do, Editorial SaysJuly 16, 2007 When President Bush announced the Millennium Challenge Account in 2002, it "sounded like a promising new approach to foreign aid" because it would provide funds "only to governments that could meet strict standards of efficiency and accountability," a Washington Post editorial says. MCA would "do so based on the countries' own expressed needs, not development fads or political fealty to" the U.S., the editorial adds. Although MCA still is a "sound concept," the initiative might be "approaching an institutional crossroads," according to the Post. Bush "originally said that he hoped to be sending $5 billion a year to poor countries" by 2006 -- a pledge that has not come "close to being realized" -- the editorial says. It adds that "Congress took two years to pass legislation setting up the program." Since then, the Bush administration's "annual budget requests have never reached $5 billion, and Congress has consistently shaved them even further," according to the Post. Back to other news for July 2007
This article was provided by Henry J. Kaiser Family Foundation. It is a part of the publication Kaiser Daily HIV/AIDS Report. Visit the Kaiser Family Foundation's website to find out more about their activities, publications and services.
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