Press ReleaseApril 18, 2024

Job Creators Network Encouraged By Structure of Foreign Aid Funding Bill

As Congress considers the supplemental foreign aid package for Israel and Ukraine, Job Creators Network CEO Alfredo Ortiz issued the following statement:

“Job Creators Network is pleased to see that the foreign aid packages require that some of the foreign aid funding be in the form of loans that must be repaid to the United States. In January, JCN argued that converting foreign aid grants into loans that must be repaid would be one of many important steps Congress could take to stop the bleeding when it comes to U.S. debt – now over 34 trillion dollars. JCN thanks Congress for taking up this recommendation in this bill and urges members to support this funding structure moving forward.”