President Obama on Just One Percent

July 7, 2011 By Melissa Silverman

Yesterday, President Obama held the first-ever Twitter Town Hall at the White House. A questioner asked about American investments abroad and the President offered a strong defense for U.S. global leadership. He noted that despite common misperceptions about how much we spend on the International Affairs Budget, it is, in actuality, a very small percentage of federal spending. President Obama said this small investment can be a “force multiplier” in spreading America’s influence, and that it delivers a big security benefit for a relatively small amount of money.

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