President Harry S. Truman signed the Marshall Plan, unleashing $5 billion in aid

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Truman Signs the Marshall Plan: $13 Billion to Rebuild Europe

President Harry S. Truman signed the Marshall Plan, unleashing $5 billion in aid to rebuild the economies of 16 European nations. This massive injection of capital halted the spread of communism in Western Europe and cemented a transatlantic alliance that defined the Cold War era.

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April 3, 1948

78 years ago

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Truman Signs the Marshall Plan: $13 Billion to Rebuild Europe

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