billgates

Bill Gates says if U.S. foreign aid spending doesn’t get back on track soon, millions of lives are at risk. He added it could also present an economic problem as aid presents a gateway for diplomatic and economic conversations with foreign nations.
While the end result of Elon Musk’s cost-cutting crusade through government remains to be seen, Microsoft cofounder Bill Gates has warned millions of people could suffer in the meantime.
The philanthropist warned that if aid funding out of the world’s largest economy continues to dwindle, millions of lives will be on the line, and he hopes that some of the Department of Government Efficiency’s (DOGE) measures will be rolled back.
Speaking to PBS in an interview released yesterday, Gates was asked about the 180-degree turnaround between action being taken by the White House and a conversation the billionaire tech titan previously had with Trump.
Earlier this month, Gates said that President Trump seemed open to hearing his thoughts on continued foreign aid.
But with Musk and President Trump halting USAID’s work—be it placing staff on leave, freezing spending, or reducing its headcount to a mere 300 workers from thousands—that conversation seems to have been forgotten.
“I’m hopeful that some significant portion of that can be reversed and preserved,” Gates said. “Elon, of all the elimination he’s done, 99% of it is these employees at the USAID who work overseas in very tough circumstances and they allow the U.S., in addition to our military power, get out there and help out with famine and HIV medicines.”
Gates also spoke specifically about PEPFAR—the President’s Emergency Plan for AIDS Relief—which so far has saved more than 26 million lives through HIV and AIDS prevention courtesy of $110 billion in funding since its inception more than 20 years ago.
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has put an end to it.
Bill Gates and Warren Buffett kicked off The Giving Pledge with 250 signatories and $600 billion on the line.
Now, the decline in tax incentives and a new 10% tax on foundations has dampened the enthusiasm for big donations.
Back in 2010, Bill Gates and Warren Buffett teamed up on a wild project: convincing hundreds of millionaires that they didn’t need half of their fortunes and should allocate billions to philanthropic ventures. Sounds nuts, right? But they pulled it off.