meta_pixel
Tapesearch Logo
Log in
Political Fix

Introducing Swamp Notes: The real cost of gutting USAID

Political Fix

Financial Times

News, Politics, News & Politics

4.21.2K Ratings

🗓️ 8 August 2025

⏱️ 21 minutes

🧾️ Download transcript

Summary

Political Fix is on a break this week. In its absence, we're taking the opportunity to introduce you to its sister podcast, Swamp Notes, the weekly US politics podcast from the Financial Times. Six months after the Trump administration gutted the US Agency for International Development, experts are tracking the impact of its absence. The FT’s David Pilling and the Brookings Institution’s George Ingram describe the surprising ways countries are adapting to a world with less resources for the poor, sick and starving.


Mentioned in this podcast:

Email Marc with your questions (Marc.Filippino@FT.com)

What the closure of USAID is really costing the world

USAID cuts threaten 14mn extra deaths by 2030, warns study

The shifting future of foreign aid

Sign up for the FT’s Swamp Notes newsletter here


Listen to Swamp Notes on AcastApple PodcastsSpotifyPocket Casts or wherever you get your podcasts.


Swamp Notes is produced by Henry Larson. Samantha Giovinco mixed this week’s episode. The FT’s acting co-head of audio is Topher Forhecz. Special thanks to Pierre Nicholson.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi there, it's George Parker here, the FTs political editor. Political Fix is on a break this week,

0:05.5

but we haven't forgotten you, and we thought this might be a good moment to introduce you to one of

0:09.8

our sister podcasts, Swamp Notes, where our colleagues in the States discuss the biggest themes

0:15.5

driving US politics, business and markets. We hope you find it informative and engaging,

0:20.9

and remember, you can subscribe to any of the FT podcasts wherever you usually find them.

0:30.0

There was a point not too long ago when the United States was the largest state sponsor of international aid in the world.

0:39.0

For decades, Washington spent billions of dollars for medicine, research, and agriculture in the poorest countries. Experts

0:45.1

say it saved millions of lives. Then earlier this year, the Trump administration pulled

0:50.5

almost all funding for the U.S. agency for international development. And now we're

0:55.7

getting a sense of the consequences. This is Swamp Notes, the weekly podcast from the Financial

1:05.4

Times, where we talk about all the things happening in U.S. politics, finance, and the economy.

1:09.9

I'm your host, Mark Filipino, and this week we're asking, what is the closure of U.S. AID really costing the world?

1:16.6

Here with me to discuss is George Ingram. He's worked on international development and economic

1:20.8

policy for two branches of government and the nonprofit space. He's now a senior fellow at the

1:25.7

Brookings Institute's Center for Sustainable Development.

1:28.7

George, welcome.

1:29.9

Thanks for inviting me.

1:31.2

And we've also got David Pilling, the FTs Africa editor. Hi, David.

1:35.2

Hi, Mark.

1:36.6

George, you've been involved in this space, foreign assistance, international development policy for decades,

1:42.8

including for a couple of years as a principal

1:45.2

deputy assistant administrator of USAID. Give me a sense of the foreign aid landscape before this year.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Financial Times, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Financial Times and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.