For American foreign aid to become more effective, it must embrace the power of partnerships, access the transformative nature of free enterprise, and leverage the abundant resources that can come from the private sector.

You balance the budget by restraining the growth of government and encouraging the growth of the private sector.

In the private sector, there is always innovation. There's always change. There's always improving productivity, and if you're not leading that, you'll be passed and ultimately go out of business. So there's an urgency to constantly update and renew and to rethink your enterprise.

I believe in America. I believe in free enterprise.

Private enterprise is ceasing to be free enterprise

Free enterprise cannot only make us better off financially, it can make us better people.