Establish a Global Education Fund
Barack Obama would use part of increased U.S. assistance to establish a $2 billion Global Education Fund to "offer an alternative to extremist schools."
Sources: "Barack Obama: The War We Need to Win"
Subjects: Education, Foreign Policy
Global education initiative is part of Obama's 2010 budget plan
Updated: Wednesday, April 8th, 2009 | By Robert Farley
It's just a part of one sentence in the Obama administration's proposed 2010 budget pertaining to foreign aid. But it's enough to suggest the president is earnest in attempting to pursue his pledge of establishing a global education fund.
In a section of the State Department budget that calls for putting the United States on a path to double foreign assistance, the budget document talks about how increased foreign aid will allow the United States to embark on several new initiatives including one that "will give children in the poorest countries access to education."
That goes to the heart of what the global education fund is attempting to accomplish. There were no dollar figures attached to any of the new foreign aid initiatives outlined in the budget, so it remains to be seen whether Obama will meet his pledge to put $2 billion into the education fund. And it's still early in the budget process. But with Obama including this language in his proposed budget, we think that puts this promise In the Works.
Sources: Office of Budget and Management, Budget Documents for Fiscal Year 2010 , Feb. 26, 2009
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