High Yield Markets
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick
Politics

Vice President Vance Underscores Reports of Massive Waste and Corruption in Foreign Aid (Video)

by June 29, 2025
June 29, 2025

Rubio and Vance in Oval Office meeting.

In a recent interview, Vice President JD Vance confirms Secretary of State Marco Rubio findings during an audit of USAID that there is massive waste and corruption in foreign aid.

Following the audit Rubio announced that 83 percent of programs will be canceled.

In March, Rubio shared, “After a 6 week review we are officially cancelling 83% of the programs at USAID.”

“The 5200 contracts that are now cancelled spent tens of billions of dollars in ways that did not serve, (and in some cases even harmed), the core national interests of the United States.”

“In consultation with Congress, we intend for the remaining 18% of programs we are keeping (approximately 1000) to now be administered more effectively under the State Department.”

“Thank you to DOGE and our hardworking staff who worked very long hours to achieve this overdue and historic reform.”

After a 6 week review we are officially cancelling 83% of the programs at USAID.

The 5200 contracts that are now cancelled spent tens of billions of dollars in ways that did not serve, (and in some cases even harmed), the core national interests of the United States.

In…

— Marco Rubio (@marcorubio) March 10, 2025

When discussing the waste of American taxpayer funds, and the impact of much needed aid not actually reaching those in need, Vance shared, “So we send $100,000 to this group to buy food for poor kids in Africa, okay.”

“And what actually happens is it’s not $100,000 that go to the food for the poor kids in Africa. The NGO, the non government organization that gets that money, contracts it out to somebody else, and then they subcontract it. So there’s like three or four middlemen.”

“Marco Rubio, who’s the Secretary of State, he’s a very good friend. What he told me is that his best estimate, after he had his team look at it, is that 88 cents of every dollar was actually being collected by middlemen.”

“So every dollar we were spending, humanitarian assistance, 12 cents, was actually making it to people who needed it.”

“That’s crazy.So there’s a lot of waste, man.”

Watch:

The post Vice President Vance Underscores Reports of Massive Waste and Corruption in Foreign Aid (Video) appeared first on The Gateway Pundit.

previous post
Six People Emerge as Possible Replacements for RINO Thom Tillis Including a Powerful Trump Ally and the President’s Daughter-in-Law Lara Trump
next post
Classified Military Lab in New Mexico and Next 40% Market Crash

You may also like

Study: ‘More Diversity of Thought on the Political...

June 30, 2025

Muslim Communist Mayoral Candidate Zohran Mamdani Says Illegal...

June 30, 2025

GONE TO POT: Thailand Reverses Cannabis Decriminalization, Imposes...

June 30, 2025

UPDATE: Two Killed After Active Shooter Opens Fire...

June 30, 2025

MSNBC Host Symone Sanders Townsend Comes Unglued Ranting...

June 29, 2025

Pharoah’s Curse Fungus Yields Breakthrough in Blood Cancer...

June 29, 2025

Developing: Several Firefighters Shot in Coeur d’Alene, Idaho...

June 29, 2025

Norwegian Tourist’s Claim That He was Denied Entry...

June 29, 2025

After Calling for “Death to the IDF” at...

June 29, 2025

Fake News Media CRASHES OUT After SCOTUS Delivers...

June 29, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • A Disappointing Supreme Court Decision Weakens Online First Amendment Protections

    June 27, 2025
  • Brazil’s Supreme Court Rewrites the Rules to Censor Online Speech

    June 27, 2025
  • The Supreme Court Is Right on Reading Opt-Outs, But That’s Not Enough

    June 27, 2025
  • Friday Feature: Savannah Legacy Academy

    June 27, 2025
  • Don’t Give Big Businesses Immunity from Litigation

    June 27, 2025
  • About Us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Copyright © 2025 highyieldmarkets.com | All Rights Reserved

High Yield Markets
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick