Should we end foreign aid?

America generously donates $700 billion a year to foreign aid and the world food bank. Many economists believe the money only helps a small percentage of the worlds population. Foreign aid was established to metaphorically teach a man to fish (help poor countries to become self-sufficient), but it is now being used just to provide a negligible amount of food and vaccines. Do you think we should end foregin aid when were about $11 trillion in debt?