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Bush Downscales Millennium Challenge Funds in Budget

Early in his first term, President Bush made a commitment to spend $5 billion a year in helping the poorest nations of the world out of poverty. His Millennium Challenge Account, though, has not spent a penny yet. And the president's latest budget proposal calls for $3 billion, not the $5 billion he promised.

Copyright 2005 NPR

A former NPR Moscow bureau chief, Michele Kelemen now covers the State Department. Her reports can be heard on all NPR News programs — from Morning Edition to All Things Considered.