Jul 05, 2005 18:26
U.S. Outgives the World
The United States gives more aid to developing countries than any other nation, Scotsman.com reported.
In a recent study by the Hudson Institute, the U.S. gave 15 times more than its European neighbors. In advance of the G8 summit and campaigns by Make Poverty History and Live 8, the study shows Americans are more generous than many claim.
Church collections, philanthropists and company giving amounted to $22 billion. That is compared to a European Union average of $1.6 billion in private-sector giving. The numbers get more impressive in light of the fact that
12 percent of the immigrant population sends more than $40 billion in aid to their home countries.
President Bush has pledged to take African aid from $1.2 billion to $8.7 billion by 2010.
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