On February 9, 2016, the Administration proposed its FY2017 budget, including $1 billion for the MCC, 11% higher than the FY2016 level. Congress authorized the MCC in P.L. 108 - 199 (January 23, 2004 ). Since that time, the MCC has signed 32 grant agreements, known as compacts , with 2 6 countries, including with Madagascar (calendar year 2005), Honduras (20 05), Cape Verde (2005), Nicaragua (2005), Georgia (2005), Benin (2006), Vanuatu (2006), Armenia (2006), Ghana (2006), Mali (2006), El Salvador (2006), Mozambique (2007), Lesotho (2007), Morocco (2007), Mongolia (2007), Tanzania (200 8 ), Burkina Faso (2008), Namibia (2008), Senegal (2009), Moldova (20 10 ), Philippines (2010), Jordan (2010), Malawi (2011), Indonesia (2011), Cape Verde II (201 2 ) , Zambia (2012), Georgia II (2013), El Salvador II (2014), Ghana II (2014) , Benin II (2015), Liberia (2015) , and Morocc o II (2015).
Foreign aid many are not even aware of.
This MCC program originated under Bush 43, I suppose under the guise of a righteous Humanitarian device.
0bama has UPed the ante and, IMO, is banking a bunch of the funds off-shore somewhere.