[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[S. Res. 185 Introduced in Senate (IS)]







104th CONGRESS
  1st Session
S. RES. 185

  To express the sense of the Senate regarding repayment of loans to 
                                Mexico.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

             October 19 (legislative day, October 18), 1995

Mr. Faircloth submitted the following resolution; which was referred to 
                   the Committee on Foreign Relations

_______________________________________________________________________

                               RESOLUTION


 
  To express the sense of the Senate regarding repayment of loans to 
                                Mexico.

Whereas the United States has provided Mexico with approximately $12,500,000,000 
        in loans to Mexico;
Whereas these loans were not authorized by the United States Congress;
Whereas the taxpayers of the United States should not be responsible for any 
        losses incurred from these loans; and
Whereas certain loans to Mexico will become due and payable on October 30, 1995: 
        Now, therefore, be it
    Resolved, That, it is the sense of the Senate that no further loans 
should be made to Mexico without specific authorization from the United 
States Congress, that all loans made to Mexico should be repaid in full 
and on time, and that such debts should not be extended, rescheduled, 
or reduced in any manner.
                                 <all>