176. National Security Action Memorandum No. 2760

MEMORANDUM FOR

  • The Secretary of State
  • The Secretary of Defense
  • The Administrator, Agency for International Development

SUBJECT

  • Distribution of Foreign Aid Cuts

The President will wish to review the program changes proposed in the FY 1964 foreign aid program as a result of Congressional action this year,1 since the way in which these cuts are distributed may involve important foreign policy decisions.

Therefore, AID and the Department of Defense should outline briefly the major changes proposed from the $4.5 billion FY 1964 presentation figure, with a brief recapitulation of the reasons for each. Any forced reductions in commitments or implied commitments should also be appropriately mentioned. I suggest that individual mention need be made only of changes over $10 million, e.g. a cut in a country program, lumping the remainder together in appropriate categories. The Department of State might submit any alternative recommendations with respect to these program changes which it feels required from the foreign policy point of view.

I would like to be able to show these reports to the President by 7 January.

McGeorge Bundy
  1. Source: Department of State, S/S-NSC Files: Lot 72 D 316, NSAM No. 276. Secret. A copy was sent to the Director of the Bureau of the Budget.
  2. See Document 175.