Foreign Policy Budget for FY2002
RS20855 -- Foreign Policy Budget for FY2002
Updated April 12, 2001

	Budget Overview

President Bush seeks $23.85 billion in discretionary budget authority for U.S. foreign policy activities in FY2002,representing a nominal increase of 5.3% over levels enacted for FY2001. (1)
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In real terms, taking into account the effects of inflation, international affairs resources proposed for next year are2.6%more than for FY2001 (Figure 1). Debt reduction and the Heavily Indebted Poor Country (HIPC) initiative. The largest foreign aid increase sought by the Bush Administrationwould supplement and broaden the $1 billion Colombia counternarcotics program funded in FY2000 with a new$731million Andean regional initiative. The FY2002 budget places specialemphasis onfour aspects of State Department operations.
The Bush Administration seeks a $23.85 billion foreign policy budget forFY2002, representing a nominal increase of 5.3% over FY2001 (2.3% in real terms when the effects of inflationare takeninto account). Most of the additional resources are concentrated in a few areas, especially for State Departmentoperationsand a new regional Andean counternarcotics initiative. The budget further proposes to cut funding for theExport-ImportBank by 25%. This report analyzes the FY2002 international affairs funding submission, compares it with recentlyenactedforeign policy budgets, identifies major priorities and recommended reductions, and discusses potentialcongressionalissues. It will be revised as the Administration provides further details in April and May about the FY2002 budget.