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H.R. 5113 (82nd): An Act to maintain the security and promote the foreign policy and provide for the general welfare of the United States by furnishing assistance to friendly nations in the interest of international peace and security

About the bill

Source: Wikipedia

The Mutual Security Act of 1951 launched a major American foreign aid program, 1951–61, of grants to numerous countries. It largely replaced the Marshall Plan. The main goal was to help poor countries develop and to contain the spread of communism. It was a signed on October 10, 1951 by President Harry S. Truman. Annual authorizations were about $7.5 billion, out of a GDP of $340bn in 1951, for military, economic, and technical foreign aid to American allies. The aid was aimed primarily at shoring up Western Europe ...

Sponsor and status

Introduced
82nd Congress (1951–1952)
Status

Enacted on Oct 10, 1951

Law
Pub.L. 82-165
Text

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Last Updated: Oct 10, 1951

Source