1、Congressional Research Service ? The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS20855Updated April 12, 2001Foreign Policy Budget for FY2002Susan Epstein and nae redactedForeign Affairs, Defense, and Trade DivisionSummaryThe Bush Administration seeks a $23.85 b
2、illion foreign policy budget for FY2002,representing a nominal increase of 5.3% over FY2001 (2.3% in real terms when theeffects of inflation are taken into account). Most of the additional resources areconcentrated in a few areas, especially for State Department operations and a newregional Andean c
3、ounternarcotics initiative. The budget further proposes to cut fundingfor the Export-Import Bank by 25%. This report analyzes the FY2002 internationalaffairs funding submission, compares it with recently enacted foreign policy budgets,identifies major priorities and recommended reductions, and discu
4、sses potentialcongressional issues. It will be revised as the Administration provides further details inApril and May about the FY2002 budget.In late February 2001 the Bush Administration issued the broad outlines of itsFY2002 budget request, including limited information about resources for foreign
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