Tag Archives: Rep James Comer
Waste of the Day: Over $1 Billion for Foreign Shrimp
The U.S. contributed to over $1 billion spent promoting shrimp farming in foreign countries from 1998 to 2023, which members of Congress say may have violated a federal law protecting American industries from overseas competition. The money came from various United Nations agencies that the U.S. helps fund, including the Food and Agriculture Organization and the International Finance Corporation, according to the Southern Shrimp Alliance, an advocacy group representing American fishermen. More than $500 million went to companies in Ecuador. The Philippines, China, India and Indonesia each received more than $100 million. Peru, Mexico, Belize and other nations in Latin America and Southeast Asia received funds as well. more, >>CLICK TO READ<< 13:49
