The Marshall Plan was actually conceived by President Truman. Right, Doug?

Yes, the money had to be spent in the USA, but, that's a big improvement over the infamous Smoot-Hawley tariff act of 1930. Some countries owed the US heaps of money, and these two republican senators hatched a scheme that those countries had to pay, NOW, and they could not do it by their exports into this country. Such goodwill they generated!