Who Gets U.S. Foreign Aid

The U.S. will give an estimated $26 billion in foreign aid in 2008—70% more than when President George W. Bush took office (the figure doesn’t include funds related to the wars in Iraq and Afghanistan).

More than 150 countries get financial assistance from the U.S.

Here are the six that received the most this year

Motorists are driving less and buying less gasoline, which means fuel taxes aren’t raising enough money to keep pace with the cost of road, bridge and transit programs.

That has the federal commission that oversees financing for transportation talking about increasing the federal fuel tax.

A 50 percent increase in gasoline and diesel fuel taxes is being urged by the commission to finance highway construction and repair until the government devises another way for motorists to pay for using public roads.

Congress continues to screw the consumer

Congress Gives Itself Raise

A crumbling economy, more than 2 million constituents who have lost their jobs this year, and congressional demands of CEOs to work for free did not convince lawmakers to freeze their own pay.

Instead, they will get a $4,700 pay increase, amounting to an additional $2.5 million that taxpayers will spend on congressional salaries.

Congress at Work

Let’s Play “WALLSTREET BAILOUT”

Congresswoman Marcy Kaptur from Ohio speaks loud and clear on the game of “The Wall Street Bailout.”

iReport outrage over bailout

Congress and the White House are trying to hammer out a $700 billion plan to bail out Wall Street and prevent an economic collapse, but iReporter Margaret Lopez thinks she has a better idea.

“They can take this $700 billion and use it to save the homes in default. They will have enough money to save 2 million homes averaging $350,000 each.”

Outrage over bailout