According to Peter Singer
Americans also suffer from gross misconceptions about how significant the country’s aid is as a percentage of all federal spending. In four surveys that asked Americans what portion of government spending goes to foreign aid, the median answers ranged from 15 percent to 20 percent. The correct answer is less than 1 percent.
A majority of people in those surveys further said that America gives too much aid — but when asked how much America should give, the median answers ranged from 5 percent to 10 percent of government spending. In other words, people wanted foreign aid cut — to an amount that is five to 10 times as much as their country actually gives.