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The Fox News Rundown

USAID Sparks Debate, Does Foreign Aid Work?

The Fox News Rundown

FOX News Podcasts

Daily News, News, Politics

3.41.7K Ratings

🗓️ 13 February 2025

⏱️ 31 minutes

🧾️ Download transcript

Summary

Democrat lawmakers are not happy after the Trump administration takes a hard look at what to do with USAID, the independent humanitarian arm of the US government. Elon Musk, head of the DOGE Department, has said that USAID is unnecessary, providing funding for needless social programs overseas, while Democrats say it provides much-needed humanitarian aid for developing nations. But does foreign aid actually provide any help to developing nations? Vice President of International Studies at the CATO Institute Ian Vasquez joins the Rundown to discuss the research that shows foreign aid has no bearing on actual development and why he feels most of USAID is a waste of taxpayer dollars. Later, former Administrator of USAID Andrew Natsios joins to explain why he feels USAID should continue in some capacity. The consumer price index for January came in worse than expected—President Donald Trump is calling it Biden's inflation. The report shows that the annual rate of inflation rose to three percent compared to January of last year. With egg prices skyrocketing and Americans still struggling to make ends meet, President Trump promises to get the economy back on track. Former Director of the Congressional Budget Office Douglas Holtz-Eakin joins to break down the current state of the economy. Plus, commentary from host of FOX Across America and FOX News Saturday Night, Jimmy Failla. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:30.1

I'm Jason Chafetz.

0:31.2

I'm Ainslie Your Heart.

0:32.2

I'm Brian Kilmead, and this is the Fox News Rundown.

0:39.1

Thursday, February 13th, 2025.

0:42.3

I'm Jessica Rosenthal.

0:44.0

Will foreign aid stay or go?

0:46.2

We may get some more answers today.

0:47.9

As the Trump administration argues, U.S. AID money has been spent improperly.

0:52.6

There's a lot of research about what actually matters for economic growth.

0:57.9

The foreign aid is not one of the factors.

1:00.1

I'm Dave Anthony.

1:02.0

Inflation keeps inching back up.

1:05.5

After all the Fed's work to bring it down, consumer prices grows more than expected in January

...

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