November 2012 Archives

Bono talks at World Bank Headquarters

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As written in the Wall Street Journal's blog from November 14, "even Bono is worried about the fiscal cliff."

As taken from their website:

The lead singer of Irish band U2 says spending cuts that hit in January would devastate programs to help the world's poor, leading to more than 60,000 deaths.

"There's real jeopardy," Bono said Wednesday at a discussion at the World Bank with bank President Jim Yong Kim. "I'm still terrified of people wrestling the wheel of this mad lorry that they're driving off the cliff."

Sequestration -- a package of automatic spending cuts set in motion last year -- would slash funding for U.S. programs grouped in the federal budget as "international affairs" by 8.2%, or $4.7 billion, in the current fiscal year. Bono said that includes about $2 billion from anti-poverty programs, such as treatment for HIV/AIDS, on which he focuses at his anti-poverty advocacy group, ONE.

"We know there's going to be cuts," he said. "We understand that. But not cuts that cost lives."

You can watch the full 55 minute video of Bono above.

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