[Congressional Record Volume 141, Number 38 (Wednesday, March 1, 1995)]
[House]
[Page H2401]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


     SUPPORT HOUSE RESOLUTION 80, INQUIRY REGARDING MEXICAN BAILOUT

  (Ms. KAPTUR asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. KAPTUR. First let me thank the gentleman from Texas for the 
bipartisan nature of an important resolution on which we will vote this 
afternoon. I wish to draw my colleagues' attention to it.
  Mr. Speaker, today the American people are going to win the first 
vote being allowed in this Congress on the misguided taxpayer-backed 
bailout of the Government of Mexico.
  As a result of a procedure we employed to force the leadership of 
this House to let us vote on the first step in getting to the bottom of 
this, the House this afternoon will vote on House Resolution 80, a 
bipartisan resolution of inquiry which requires the administration to 
answer key questions regarding its $52 billion bailout of Mexico.
  I ask my colleagues to vote ``yes'' on the previous question and 
``yes'' on House Resolution 80. Get answers to questions for your 
constituents such as who are the private creditors who will benefit 
from this rescue package? How solid is Mexico's pledge of oil 
collateral? Demand answers for your constituents.
  This will be the first vote in many to follow, I hope, so we can get 
to the bottom of who our taxpayers are being asked to bail out.

                          ____________________