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Policy & Politics Wall Street Journal Examines Bush's Funding "Shortfalls" for Global AIDS, Development InitiativesJanuary 27, 2005 The Wall Street Journal on Thursday examined how President Bush is "falling further and further behind" on pledges to increase funding for HIV/AIDS and poverty initiatives worldwide, creating "shortfalls" that are "raising alarm" among some health and development advocates. Although Bush in 2003 announced that he would increase funding for global HIV/AIDS programs by $10 billion over the following five years, U.S. funding has increased by only $2 billion during fiscal years 2004 and 2005, according to the Journal. In addition, even though Bush has proposed an additional increase of $1.6 billion in funding for FY 2006, that still leaves a "dauntingly large" $6.4 billion to "extract" from Congress over the next two years in order to meet Bush's initial pledge, the Journal reports. Bush also has "quietly notified" the Millennium Challenge Corporation -- a newly established agency created to administer funding for the Millennium Challenge Account -- that his proposed FY 2006 budget likely will include "billions" less than he pledged for the initiative during his first term, according to the Journal. If Congress approves Bush's funding request for MCC, it will leave the agency with a $4.5 billion shortfall in what the administration promised to provide over its initial three years, the Journal reports. Reaction Back to other news for January 27, 2005
Reprinted with permission from kaisernetwork.org. You can view the entire Kaiser Daily HIV/AIDS Report, search the archives, or sign up for email delivery at www.kaisernetwork.org/dailyreports/hiv. The Kaiser Daily HIV/AIDS Report is published for kaisernetwork.org, a free service of the Kaiser Family Foundation, by The Advisory Board Company. © 2004 by The Advisory Board Company and Kaiser Family Foundation. All rights reserved. This article was provided by Henry J. Kaiser Family Foundation. It is a part of the publication Kaiser Daily HIV/AIDS Report.
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