Mutual Security Act

From Wikipedia, the free encyclopedia

The Mutual Security Act of 1951 is a United States federal law that distributed $7 billion in foreign aid and thus extended the Marshall Plan.

When the Marshall Plan ended on June 30, 1951, Congress was in the process of piecing together a new foreign aid proposal designed to unite military and economic programs with technical assistance. On October 31, 1951, this plan became a reality when Congress passed the first Mutual Security Act and created the Mutual Security Agency.

This United States federal legislation article is a stub. You can help Wikipedia by expanding it.