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The Marshall Plan: 60th Anniversary: In Focus: June 2007

In a now-celebrated speech delivered at the Harvard University commencement on June 5, 1947, Secretary of State George Catlett Marshall proposed a solution to the wide-spread hunger, unemployment, and housing shortages that faced Europeans in the aftermath of World War II.

The Marshall Plan, as it came to be known, was not just an American program. It was a joint European-American venture, one in which American resources were complemented with local resources, one in which the participants worked cooperatively toward the common goals of freedom and prosperity.

By the time the Marshall Plan ended in 1952 – five years after Marshall’s speech – the United States had invested $13.3 billion, and the years 1948 to 1952 had recorded the fastest economic growth in European history. With Marshall’s plan, the United States committed itself to helping Europe rebuild itself.

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 The Marshall Plan- 60th Anniversary
 The Marshall Plan- 60th Anniversary














 

U.S. Global Climate Change Policy

President Bush committed the United States to an ambitious climate change strategy that will reduce domestic greenhouse gas (GHG) emissions relative to the size of the American economy. The United States will achieve this goal by cutting its GHG intensity -- how much it emits per unit of economic activity -- by 18% over the next 10 years. This strategy will set America on a path to slow the growth of greenhouse gas emissions, and -- as the science justifies -- to stop, and then reverse that growth.

 The President's policy also continues the United States' leadership role in supporting vital climate change research, laying the groundwork for future action by investing in science, technology, and institutions.

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