Is Foreign Aid the Answer?

The Bush Administration is proposing a $48 billion increase in military spending in his next budget. At the same time, spending on foreign aid hasn't been increased in a decade. Foreign aid makes up only one-half of one percent of the U.S. budget. But Harvard development guru Jeffrey Sachs says aid should play a more important role in American foreign strategy. By using money to combat the underlying causes of international content, the U.S. might be able to avoid the need to have such a huge military budget. This hour, can America use aid to buy its way into global security?

Guests:

Jeffrey Sachs, Director of the Center for International Development at Harvard University