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Global AIDS Alliance Sounds Alarm on Potential Budget Cuts
Date:2/22/2009

l Fund estimates its resource needs will grow in size to between $6 and $8 billion each year, requiring significant contributions from donors around the world, including the United States. To ensure that the U.S. maintains its one-third share for FY 2010, the President should include $2.7 billion as a U.S. contribution to the Global Fund to renew existing, successful grants and for new funding rounds.

  • $2 billion to establish a Global Fund for Education--The world currently lacks an effective multilateral institution to close the education deficit by providing access to quality basic education for the millions of children who currently go without. Education is fundamental for decreasing poverty, increasing health and well-being, and contributing to financial and social security in individual countries and globally. In order to maintain U.S. leadership on international development and to leverage other donors to increase their own contributions to education, it is essential that the Obama administration act quickly to establish a Global Fund for Education by making an initial contribution of $2 billion in his first year in office.

  • Double the 150 Account by 2012--President Obama's commitment to the U.S. role to positively impact the lives of people around the world has included a promise to double foreign assistance by 2012. The entire 150 Account is essential, since it includes a range of inter-related programs, and these depend upon sufficient staffing and other operational concerns for their success. As such, President Obama must ensure that the budget provides a minimum total of $55 billion for the 150 Account in fiscal year 2010. This will keep the U.S. on track to double the account overall by 2012. In addition to this overall increase, particular attention must be paid to the following lifesaving programs, which must be increased
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SOURCE Global AIDS Alliance
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