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Trump cuts nearly $60 billion in foreign aid grants and contracts

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Trump cuts nearly $60 billion in foreign aid grants and contracts

Trump cuts nearly $60 billion in foreign aid grants and contracts – CBS News

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For 60 years, the United States has believed that foreign aid in the form of international grants to provide food, medical care and other humanitarian aid would stabilize the chaotic world. In a major shift, the Trump administration dismissed nearly $60 billion in foreign aid grants and contracts. Nancy Cordes has details.

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