Tuesday, August 26, 2008

Peace Corps Cutting Back

According to an article in the Washington Post:

"The [Peace Corps], which has a budget of $330.8 million, is facing an anticipated shortfall of about $18 million this fiscal year and next, officials say. Much of the gap can be attributed to the declining value of the dollar overseas and the rising cost of energy and other commodities, officials said. That inflates expenses for overseas leases, volunteer living costs and salaries for staff abroad, most of whom are paid in local currencies.

Those factors 'have materially reduced our available resources and spending power,' Peace Corps Director Ronald A. Tschetter wrote. 'Tough budgetary decisions must be made now in order to ensure a financially healthy agency next fiscal year,' he added

— Sara

1 comment:

erica said...

Thanks for blogging about this, Cale and Sara. As you know, Peace Corps volunteers not only do great work in the field, but when they come home they continue to make important contributions to our communities, to our country and the world.

The National Peace Corps Association has launched a national outreach and legislative campaign for a re-invigorated Peace Corps. The goal is to double the Peace Corps' size and budget by its 50th anniversary in 2011. To learn more about this campaign, visit its Web site at: www.morepeacecorps.org.

Check it out and tell your friends and family! Supporting this campaign is something tangible that people can do to show their support of a strong Peace Corps.