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Cindy Hyde-Smith Presses Russell Vought On USAID Cuts & Rescission Package
Forbes Breaking News
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3 months ago
During a Senate Appropriations Committee hearing Wednesday, Sen. Cindy Hyde-Smith (R-MS) questioned OMB Director Russell Vought about cuts to USAID.
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00:00
Thank you. Senator Hyde-Smith. Thank you, Madam Chairman and Vice Chairman, and certainly thank
00:05
you for the witness that we have today. And I just want to commend the administration's work
00:11
to rein in the federal spending, and I support the goals of putting this nation's fiscal
00:16
house back in order. So thank you for what you're doing. While mandatory spending is the biggest
00:22
contributor to our annual budget deficits and the overall national debt, discretionary spending
00:28
should not be exempt from scrutiny. And we should always be examining ways to reduce unnecessary
00:35
expense to American taxpayers. So I applaud your efforts and support you in that. I, too,
00:43
would like to discuss the recommendation to rescind the $2.5 billion of the $3.9 billion
00:49
appropriations of FY 2025 for USAID Development Assistance Account. The Development Assistance
00:57
Account is intended to fund programs that help end extreme poverty, promote resilience and support
01:03
democratic societies. In practice, however, some of those funds haven't been used wisely
01:09
and met their intent. They have not done that. But I want to bring to your attention an example
01:16
of how Development Assistance Funds are being put to good use. This is specific to Mississippi,
01:23
Mississippi, the Feed the Future Innovation Lab for Fish, or Fish Innovation Lab at Mississippi State
01:29
University. Mississippi raises more catfish than any state in the country. We do it well, and we've had
01:36
a lot of experience doing that. Since 2018, Mississippi State's Fish Initiative Innovation Lab has advanced
01:45
U.S. economy, security, and trade interests through its works to promote global food security,
01:50
improve livelihoods, and strengthen the resiliency of aquatic food production in developing nations.
01:57
The lab's work truly illustrates the proverb, give a man a fish and you feed him for a day,
02:05
teach a man to fish and you feed him for a lifetime. This is exactly what the MSU Fish Innovation Lab
02:13
is doing. Rather than giving other countries food, we are teaching them how to feed themselves through
02:19
modern aquaculture practices. Mr. Director, the recessions package states that enacting the proposed
02:29
USAID Development Assistance Recession would align remaining funds with appropriate priorities.
02:37
Would you consider the Mississippi State University Fish Innovation Lab an appropriate priority?
02:43
Thank you, Senator, for the question. We will still have $5 billion nearly in this funding for priorities
02:52
and programs like this, of which this will be protected. So we have no desire in this rescission
02:57
package to touch that funding that seems to be so successful.
03:03
Great. And I would love to invite you and your staff down to make a trip to the lab to learn more about
03:09
that great work that they are doing. And just to want to invite you there. And I appreciate you working
03:17
with me on this particular subject, because it is money well spent and a great program.
03:22
Thank you, Senator. Thank you. Senator Merck.
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