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'So Much for America First': Trump Admin Says Argentina Bailout Doubling to $40 Billion
(www.commondreams.org)
this post was submitted on 16 Oct 2025
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$40 billion was the entire annual budget of USAID. No matter what you think of them, they did provided essential aid to dozens of nations, and DOGE destroyed them under the pretense of lowering the deficit. Now we're spending that much money just to prop up one countries economy.
(Yes, I know they USAID is a soft-power tool of American imperialism, and is rumored to have been used as cover for CIA operations, but they also did a shit-load of global AIDs prevention work, and I'd rather have spent the $40 billion on that than bailing out a libertarian freak so Rob Citrone can get rich.)
I mean the entire doge "savings" were instantly wiped out by the $200 billion increase in military spending. And I say savings incredibly generously because there are a ton of studies that say the agencies and people they cut will leave a hole in federal capabilities that will end up costing the American people way more than all of the money they claim to have saved (Some speculate the massive cuts to the IRS alone will end up costing about $1 trillion in lost tax collections).
But this combined with the cost of the shutdown and the farmer bailout and so much more is just icing on the cake I guess.
Oh yeah, for sure. Everything DOGE did was a farce, and it almost certainly lost more money than it saved. Even en if it didn't, they blew any savings up on their first budget legislation. I just find it particularly hypocritical to cut $40 billion in global aid because, "we don't have the money," then turn around and spend $40 billion on global aid to a single country
has he even started bailing out the farmers yet? the gop is hoping the Ds come back into the power, so the gop can mess it up next election again. it will be a problem if the gop is still in power and they dont get to blame the Ds anymore.
its not even propping up argetina, its to bailout bassents friends.
I don't think it's even, "friends," I think it's just Rob Citrone. It probably doesn't hurt that Melei has kissed Trump's ass, though.