Billionaire says in social media talk that Donald Trump agrees the world’s largest single donor should be shut down
Ukrainian rescuers appear next to new equipment provided by USAid in 2023. Elon Musk has said he is working to shut down the world’s largest single donor.Ukrainian rescuers appear next to new equipment provided by USAid in 2023. Elon Musk has said he is working to shut down the world’s largest single donor.
USAid is the world’s largest single donor. In fiscal year 2023, the US disbursed $72bn of assistance worldwide on everything from women’s health in conflict zones to access to clean water, HIV/Aids treatments, energy security and anti-corruption work. It provided 42% of all humanitarian aid tracked by the United Nations in 2024.
Trump has ordered a global freeze on most US foreign aid as part of his “America First” policy which is already sending shock waves around the world. Field hospitals in Thai refugee camps, landmine clearance in war zones, and drugs to treat millions suffering from diseases such as HIV are among the programs at risk of elimination.can cut $1tn from the US deficit next year. Musk did not offer any evidence to support his fraud claim or explain how he reached the amount of $1tn.
Democrat Peter Welch, a member of the Senate finance committee, called for explanations as to why Musk had been handed access to the payment system and what Welch said included taxpayers’ sensitive data.
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