Eric Haxthausen, U.S. climate policy director for The Nature Conservancy, has a good blog hyperlinked in the blog title. It is briefly cited below:
It is a busy week on the Hill, between the release of President Barack Obama’s budget proposal and the debate in Congress about H.R. 1, the U.S. House of Representatives’ bill to provide funding for federal programs for the rest of the current fiscal year. Current funding for the federal government runs out on March 4, so the next two weeks is shaping up as a showdown between the parties on the country’s fiscal course.
One important element that might get lost in all of the public discussion is this: H.R. 1 would slash U.S. direct foreign assistance and support for multilateral institutions. The total funding of these programs amounts to less than 1 percent of the federal budget, but they play a critical role in protecting U.S. security, contributing to a strong economy, providing stability in many countries, and preserving the U.S. as a strong global partner.