Trump Wants $500M to Fund Its Intervention in Venezuela

(TELESUR) – Trump is asking Congress to allow the Department of State to reserve US$500 million to carry out actions in Venezuela.

The U.S. government released its fiscal year 2020 draft budget (FY20), which summarizes what the Trump administration intends to achieve from October 2019 to September 2020.

In his declaration of priorities President Trump includes a 23 percent cut for the Department of State and the United States Agency for International Development (USAID), whose budget is US$52 billion in 2019 which Trump wants to lower to U$40 billion in 2020.

In a letter to Congress, U.S. Secretary of State Mike Pompeo explained that his Department needs the “appropriate resources” to meet its main foreign policy objectives. Therefore, the Executive reserves the ability to transfer up to US$500 million from other funds to “respond to the crisis” or “support a democratic transition” in Venezuela.