Trump admin cuts 90% of USAID contracts, slashing $60B in foreign aid
The Trump administration announced on February 26, 2025, that it is terminating more than 90% of the U.S. Agency for International Development’s (USAID) foreign aid contracts, effectively slashing $60 billion in global assistance. This drastic measure, detailed in an internal memo obtained by The Associated Press and corroborated by federal court filings, marks a radical … Read more