U.S. Funnels Millions to Latin American Economies

Colombia is the largest recipient of U.S. foreign aid in Latin America. Last year, the country received more than $567 million from Washington, much of it aimed at eradicating the nation's cocaine crop.

President Bush's Latin American tour has sparked a debate about the U.S. commitment to its neighbors to the south.

Nancy Birdsall, president of the Center for Global Development, explains why the United States gives billions of dollars of aid to Latin America and how the region uses it.

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