[Congressional Record Volume 141, Number 93 (Thursday, June 8, 1995)]
[House]
[Page H5694]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




   PUT THE TAXPAYERS' INTERESTS FIRST: SUPPORT THE AMERICAN OVERSEAS 
                             INTERESTS ACT

  (Mr. CHABOT asked and was given permission to address the House for 1 
minute.)
  Mr. CHABOT. Mr. Speaker, today, the House will have an opportunity to 
vote for a foreign aid bill which, for the first time in nearly a half-
century puts the interests of the American taxpayer first.
  H.R. 1561 eliminates three major Government agencies and more than 20 
low priority programs. It cuts $3.7 billion from current spending over 
the next 2 years and it calls for savings of $21 billion over the next 
7 years.
  The American Overseas Interests Act finally brings an end to the 
foreign policy status quo. It concentrates our limited resources on 
helping our friends to help themselves, it improves our global 
antiterrorism efforts and it strengthens our hand in the area of 
international narcotics control.
  Mr. Speaker, Chairman Gilman and the International Relations 
Committee have crafted a good bill--a bill which protects the interests 
of the American taxpayer and brings an end to the foreign aid status 
quo. I urge my colleagues to support the American Overseas Interests 
Act.


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