Foreign Policy Budget for FY2002 (CRS Report for Congress)
| Release Date |
April 12, 2001 |
| Report Number |
RS20855 |
| Report Type |
Report |
| Authors |
Susan Epstein and Larry Nowels, Foreign Affairs, Defense, and Trade Division |
| Source Agency |
Congressional Research Service |
Summary:
The Bush Administration seeks a $23.85 billion foreign policy budget for FY2002, representing
a
nominal increase of 5.3% over FY2001 (2.3% in real terms when the effects of inflation are taken
into account). Most of the additional resources are concentrated in a few areas, especially for State
Department operations and a new regional Andean counternarcotics initiative. The budget further
proposes to cut funding for the Export-Import Bank by 25%. This report analyzes the FY2002
international affairs funding submission, compares it with recently enacted foreign policy budgets,
identifies major priorities and recommended reductions, and discusses potential congressional issues.
It will be revised as the Administration provides further details in April and May about the FY2002
budget.
