[Congressional Record Volume 141, Number 176 (Wednesday, November 8, 1995)]
[Senate]
[Pages S16835-S16839]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




             THE RIGHT WAY TO REDUCE THE CAPITAL GAINS TAX

 Mr. LEAHY. Mr. President, as I speak today, the Republican 
leadership of this Congress is discussing an issue of great importance 
to the family farmers and small businessmen of America: the capital 
gains tax.
  Current law in the area of capital gains leaves something to be 
desired. I grew up in a small business family. My father owned his own 
printing shop, and he poured his heart and soul and countless late 
hours into that business. My father's printing shop was more than his 
livelihood. It was his investment in his retirement and his family's 
future. I know many hardworking Vermonters are in the same position. 
They work hard all their lives to build up their farms and small 
businesses. The capital gains tax, when they decide to sell the farm or 
business to fund their retirements, can be close to punitive.
  I am receptive to a capital gains reduction that favors Americans who 
save for retirement by investing in their personal business, primary 
residence, or family farm. When these taxpayers retire, they sell their 
business, home, or farm to live off their lifetime investment. We ought 
to be encouraging that kind of investment, not punishing it.
  I am concerned, however, that the Republican plan to reduce taxes on 
capital gains targets the wrong type of investment and cost too much. 
The capital gains tax break that the Republican leadership is 
discussing will benefit primarily people other than family farmers and 
small businessmen.
  Current law taxes capital gains at a lower rate than other forms of 
income. Under the 1993 Budget Reconciliation Act, the maximum tax rate 
on capital gains remains 28 percent, as compared to 39.6 percent for 
ordinary income. In addition to the lower rate, the tax on capital 
gains is deferred until the capital asset is sold and the tax is 
forgiven at death. Given those preferences, and given the fact that 
most proposals to reduce the capital gains tax benefit mostly very 
wealthy investors, I am very wary of making changes in the tax law 
right now.
  I agree with the targeted capital gains approach adopted in the 1993 
Budget Reconciliation Act. The act allows investors who purchase newly 
issued stock in small companies to exclude from their income 50 percent 
of the gain when they sell the stock if it is held for at least 5 
years. For stock to qualify for the tax break, the company must have 
less than $50 million in gross assets. This approach encourages long-
term investment in small businesses--the engine of job growth in the 
1990's.
  By contrast, the capital gains tax breaks in the House and Senate 
versions of the Republican budget reconciliation bill are part of 
gigantic tax giveaway packages that will increase the deficit and 
mostly benefit well-heeled Wall Street investors.
  Under the Senate bill, the corporate capital gains rate is reduced 
from 35 percent to 28 percent. Individuals would be able to exclude 50 
percent of capital gain income from taxation. I voted against the bill 
when it was debated in the Senate, but it passed by a vote of 52-47. 
The House included a larger capital gains reduction in its version of 
the budget bill. The corporate capital gains rate is reduced to 25 
percent and the individual rate is capped at 19.8 percent. In addition, 
the House indexes capital gains for inflation. Let us remember that 
according to the Congressional Research Service, over half of all 
capital gains--excluding personal residences--are earned by corporate 
stock and real estate investors. Farmers and small business owners 
account for a relatively small portion of capital gains.
  The Treasury Department estimates that the House capital gains 
proposal would cost $170.4 billion over the next 10 years, and would 
mostly benefit people earning over $200,000 a year. The Senate bill is 
not much better. At a time when the national debt is approaching $5 
trillion, we just cannot afford that kind of a tax giveaway going 
mostly to people who do not need it.
  As House and Senate conferees discuss changes in the capital gains 
tax, I hope they will consider ensuring that it does not mostly benefit 
very wealthy investors but rather is targeted toward small businessmen 
and family farmers who have poured sweat equity into their 
businesses.
                H_______________________________________


                        FOREIGN CURRENCY REPORTS

  In accordance with the appropriate provisions of law, the Secretary 
of the Senate herewith submits the following report(s) of standing 
committees of the Senate, certain joint committees of the Congress, 
delegations and groups, and select and special committees of the 
Senate, relating to expenses incurred in the performance of authorized 
foreign travel:

   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                                      U.S.C. 1754(b), COMMITTEE ON APPROPRIATIONS, FOR TRAVEL FROM APR. 1 TO JUNE 30, 1995                                                      
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
              Name and country                             Name of currency                 Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Senator Ted Stevens:                                                                                                                                                                            
    France.................................  Franc......................................     4,211.04       849.00  ...........  ...........  ...........  ...........     4,211.04       849.00
Steven J. Cortese:                                                                                                                                                                              
    France.................................  Franc......................................     4,211.04       849.00  ...........  ...........  ...........  ...........     4,211.04       849.00

[[Page S 16836]]
                                                                                                                                                                                                
Charlie J. Houy:                                                                                                                                                                                
    France.................................  Franc......................................     3,918.40       790.00  ...........  ...........  ...........  ...........     3,918.40       790.00
Peter Dean Lennon:                                                                                                                                                                              
    France.................................  Franc......................................        3,850       776.21  ...........  ...........  ...........  ...........        3,850       776.21
Kimberly Davis Range:                                                                                                                                                                           
    France.................................  Franc......................................     4,161.04       839.33  ...........  ...........  ...........  ...........     4,161.04       839.33
                                                                                         -------------------------------------------------------------------------------------------------------
      Total................................  ...........................................     4,103.54  ...........  ...........  ...........  ...........  ...........  ...........     4,103.54
MARK O. HATFIELD,                                                                                                                                                                               
Chairman, Committee on Appropriations, Aug.                                                                                                                                                     
 2, 1995.                                                                                                                                                                                       
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                               U.S.C. 1754(b), FOR TRAVEL AUTHORIZED BY COMMITTEE ON APPROPRIATIONS, FROM JUNE 30 TO JULY 8, 1995                                               
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
              Name and country                             Name of currency                 Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Senator Tom Harkin:                                                                                                                                                                             
    Vietnam................................  Dollar.....................................  ...........     1,210.00  ...........  ...........  ...........  ...........  ...........     1,210.00
    Thailand...............................  Baht.......................................     3,697.50       150.00  ...........  ...........  ...........  ...........     3,697.50       150.00
Senator Dale Bumpers:                                                                                                                                                                           
    Vietnam................................  Dollar.....................................  ...........       859.28  ...........  ...........  ...........  ...........  ...........       859.28
    Thailand...............................  Baht.......................................     5,250.50       213.00  ...........  ...........  ...........  ...........     5,250.50       213.00
Senator Frank Lautenberg:                                                                                                                                                                       
    Vietnam................................  Dollar.....................................  ...........     1,000.74  ...........  ...........  ...........  ...........  ...........     1,000.74
    Thailand...............................  Baht.......................................     5,250.50       213.00  ...........  ...........  ...........  ...........     5,250.50       213.00
Peter Reinecke:                                                                                                                                                                                 
    Vietnam................................  Dollar.....................................  ...........     1,050.00  ...........  ...........  ...........  ...........  ...........     1,050.00
    Thailand...............................  Baht.......................................     5,250.50       213.00  ...........  ...........  ...........  ...........     5,250.50       213.00
Peter Rogoff:                                                                                                                                                                                   
    Vietnam................................  Dollar.....................................  ...........     1,150.00  ...........  ...........  ...........  ...........  ...........     1,150.00
    Thailand...............................  Baht.......................................     5,250.50       213.00  ...........  ...........  ...........  ...........     5,250.50       213.00
Mark Van de Water:                                                                                                                                                                              
    Vietnam................................  Dollar.....................................  ...........     1,150.00  ...........  ...........  ...........  ...........  ...........     1,150.00
    Thailand...............................  Baht.......................................     5,250.50       213.00  ...........  ...........  ...........  ...........     5,250.50       213.00
Delegation expenses: \1\                                                                                                                                                                        
    Vietnam................................  ...........................................  ...........  ...........  ...........  ...........  ...........     3,166.24  ...........     3,166.24
    Thailand...............................  ...........................................  ...........  ...........  ...........  ...........  ...........     2,114.82  ...........     2,114.82
                                                                                         -------------------------------------------------------------------------------------------------------
      Total................................  ...........................................  ...........     7,635.02  ...........  ...........  ...........     5,281.06  ...........    12,916.08
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
\1\ Delegation expenses include direct payments and reimbursements to State Department and Defense Department under authority of Sec. 502(b) of the Mutual Security Act of 1954, as amended by  
  Sec. 22 of P.L. 95-384, and Senate Resolution 179, agreed to May 25, 1977.                                                                                                                    
MARK O. HATFIELD,                                                                                                                                                                               
Chairman, Committee on Appropriations,                                                                                                                                                          
 Sept. 5, 1995.                                                                                                                                                                                 


   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                                      U.S.C. 1754(b), COMMITTEE ON ARMED SERVICES, FOR TRAVEL FROM JULY 1 TO SEPT. 30, 1995                                                     
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
              Name and country                             Name of currency                 Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Senator Sam Nunn:                                                                                                                                                                               
    Denmark................................  Krone......................................          100        18.45  ...........  ...........  ...........  ...........          100        18.45
    Norway.................................  Krone......................................        1,475       236.37  ...........  ...........  ...........  ...........        1,475       236.37
    United States..........................  Dollar.....................................  ...........        22.21  ...........  ...........  ...........  ...........  ...........        22.21
John W. Douglass:                                                                                                                                                                               
    Denmark................................  Krone......................................        755.5       139.35  ...........  ...........  ...........  ...........        755.5       139.35
    Norway.................................  Krone......................................     1,806.25       289.46  ...........  ...........  ...........  ...........     1,806.25       289.46
    United States..........................  Dollar.....................................  ...........  ...........  ...........       188.50  ...........       129.90  ...........       318.40
Charles S. Abell:                                                                                                                                                                               
    Germany................................  Mark.......................................       595.49       401.00  ...........  ...........  ...........  ...........       595.49       401.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........       795.00  ...........  ...........  ...........       795.00
Senator John Warner:                                                                                                                                                                            
    Italy..................................  Lira.......................................       38,250       202.00  ...........  ...........  ...........  ...........  ...........       202.00
    Croatia................................  Kuna.......................................     1,285.20       238.00  ...........  ...........  ...........  ...........  ...........       238.00
Senator Jeff Bingaman:                                                                                                                                                                          
    China..................................  Dollar.....................................  ...........     1,005.00  ...........  ...........  ...........  ...........  ...........     1,005.00
    China..................................  Dollar.....................................  ...........       968.00  ...........  ...........  ...........  ...........  ...........       968.00
    Japan..................................  Dollar.....................................  ...........     1,248.00  ...........  ...........  ...........  ...........  ...........     1,248.00
    Japan..................................  Dollar.....................................  ...........     1,071.00  ...........  ...........  ...........  ...........  ...........     1,071.00
    South Korea............................  Dollar.....................................  ...........     1,268.00  ...........  ...........  ...........  ...........  ...........     1,268.00
    South Korea............................  Dollar.....................................  ...........  ...........  ...........  ...........  ...........       374.71  ...........       374.71
Steve Clemmons:                                                                                                                                                                                 
    China..................................  Dollar.....................................  ...........     1,005.00  ...........  ...........  ...........  ...........  ...........     1,005.00
    China..................................  Dollar.....................................  ...........       968.00  ...........  ...........  ...........  ...........  ...........       968.00
    Japan..................................  Dollar.....................................  ...........     1,248.00  ...........  ...........  ...........  ...........  ...........     1,248.00
    Japan..................................  Dollar.....................................  ...........     1,071.00  ...........  ...........  ...........  ...........  ...........     1,071.00
    South Korea............................  Dollar.....................................  ...........     1,268.00  ...........  ...........  ...........  ...........  ...........     1,268.00
Steve Clemmons:                                                                                                                                                                                 
    South Korea............................  Dollar.....................................  ...........  ...........  ...........  ...........  ...........       374.71  ...........       374.71
Patrick Von Bargen:                                                                                                                                                                             
    China..................................  Dollar.....................................  ...........     1,005.00  ...........  ...........  ...........  ...........  ...........     1,005.00
    China..................................  Dollar.....................................  ...........       968.00  ...........  ...........  ...........  ...........  ...........       968.00
    Japan..................................  Dollar.....................................  ...........     1,248.00  ...........  ...........  ...........  ...........  ...........     1,248.00
    Japan..................................  Dollar.....................................  ...........     1,071.00  ...........  ...........  ...........  ...........  ...........     1,071.00
    South Korea............................  Dollar.....................................  ...........     1,268.00  ...........  ...........  ...........  ...........  ...........     1,268.00
    South Korea............................  Dollar.....................................  ...........  ...........  ...........  ...........  ...........       374.71  ...........       374.71
                                                                                         -------------------------------------------------------------------------------------------------------
      Total................................  ...........................................  ...........    18,226.84  ...........       983.50  ...........     1,254.03  ...........    20,464.37
STROM THURMOND,                                                                                                                                                                                 
Chairman, Committee on Armed Services,                                                                                                                                                          
 Sept. 25, 1995.                                                                                                                                                                                
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[[Page S 16837]]
   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                            U.S.C. 1754(b), COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS, FOR TRAVEL FROM APR. 1 TO JUNE 30, 1995                                           
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
              Name and country                             Name of currency                 Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Brent Franzel:                                                                                                                                                                                  
    Switzerland............................  Franc......................................     1,695.50     1,475.00  ...........     2,804.35  ...........  ...........     1,695.50     4,279.35
Patrick A. Mulloy:                                                                                                                                                                              
    Switzerland............................  Franc......................................     1,695.50     1,475.00  ...........     2,804.35  ...........  ...........     1,695.50     4,279.35
Robert Giuffra, Jr.:                                                                                                                                                                            
    England................................  Dollar.....................................  ...........       852.00  ...........       577.15  ...........  ...........  ...........     1,429.15
                                                                                         -------------------------------------------------------------------------------------------------------
      Total................................  ...........................................  ...........     3,802.00  ...........     6,185.85  ...........  ...........  ...........     9,987.85
ALFONSE D'AMATO,                                                                                                                                                                                
Chairman, Committee on Banking, Housing,                                                                                                                                                        
                                                                                                                                                                                                
and Urban Affairs, Oct. 31, 1995.                                                                                                                                                               
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                                        U.S.C. 1754(b), COMMITTEE ON THE BUDGET, FOR TRAVEL FROM JULY 1 TO SEPT. 30, 1995                                                       
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
              Name and country                             Name of currency                 Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Gregory D. Vuksich:                                                                                                                                                                             
    Croatia................................  Dollar.....................................  ...........     1,128.00  ...........       168.00  ...........  ...........  ...........     1,296.00
    Yugoslavia.............................  Dollar.....................................  ...........       572.00  ...........       547.00  ...........  ...........  ...........     1,119.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     2,226.15  ...........  ...........  ...........     2,226.15
                                                                                         -------------------------------------------------------------------------------------------------------
      Total................................  ...........................................  ...........     1,700.00  ...........     2,941.15  ...........  ...........  ...........     4,641.15
PETE V. DOMENICI,                                                                                                                                                                               
Chairman, Committee on the Budget, Oct. 30,                                                                                                                                                     
 1995.                                                                                                                                                                                          
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   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                          U.S.C. 1754(b), COMMITTEE ON COMMERCE, SCIENCE, AND TRANSPORTATION, FOR TRAVEL FROM JULY 1 TO SEPT. 30, 1995                                          
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
              Name and country                             Name of currency                 Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Senator Larry Pressler:                                                                                                                                                                         
    United States..........................  Dollar.....................................  ...........  ...........  ...........     4,341.85  ...........  ...........  ...........     4,341.85
    United Kingdom.........................  Pound......................................     1,123.78     1,776.00  ...........  ...........  ...........  ...........     1,123.78     1,776.00
Michael E. Korens:                                                                                                                                                                              
    United States..........................  Dollar.....................................  ...........  ...........  ...........       957.85  ...........  ...........  ...........       957.85
    United Kingdom.........................  Pound......................................     1,123.78     1,776.00  ...........  ...........  ...........  ...........     1,123.78     1,776.00
Carl W. Bentzel:                                                                                                                                                                                
    United States..........................  Dollar.....................................  ...........  ...........  ...........       913.85  ...........  ...........  ...........       913.85
    United Kingdom.........................  Pound......................................     1,498.36     2,368.00  ...........  ...........  ...........  ...........     1,498.36     2,368.00
                                                                                         -------------------------------------------------------------------------------------------------------
      Total................................  ...........................................  ...........     5,920.00  ...........     6,213.55  ...........  ...........  ...........    12,133.55
LARRY PRESSLER,                                                                                                                                                                                 
Chairman, Committee on Commerce, Science,                                                                                                                                                       
                                                                                                                                                                                                
and Transportation, Oct. 12, 1995.                                                                                                                                                              
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                               U.S.C. 1754(b), COMMITTEE ON ENERGY AND NATURAL RESOURCES, FOR TRAVEL FROM JULY 1 TO SEPT. 30, 1995                                              
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
              Name and country                             Name of currency                 Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Senator J. Bennett Johnston:                                                                                                                                                                    
    China..................................  Yuan.......................................    11,731.50     1,442.00  ...........  ...........  ...........  ...........    11,731.50     1,422.00
    Mongolia...............................  Dollar.....................................  ...........       918.00  ...........  ...........  ...........  ...........  ...........       918.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     6,979.93  ...........  ...........  ...........     6,979.93
Eric Silagy:                                                                                                                                                                                    
    China..................................  Yuan.......................................    11,731.50     1,422,00  ...........  ...........  ...........  ...........    11,731.50     1,442.00
    Mongolia...............................  Dollar.....................................  ...........       918.00  ...........  ...........  ...........  ...........  ...........       918.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     4,405.37  ...........  ...........  ...........     4,405.37
                                                                                         -------------------------------------------------------------------------------------------------------
      Total................................  ...........................................  ...........     4,680.00  ...........    11,385.30  ...........  ...........  ...........    16,065.30
FRANK MURKOWSKI,                                                                                                                                                                                
Chairman, Committee on Energy and Natural                                                                                                                                                       
 Resources, Oct. 20, 1995.                                                                                                                                                                      
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                                    U.S.C. 1754(b), COMMITTEE ON FOREIGN RELATIONS, FOR TRAVEL FROM JULY 1 TO SEPT. 30, 1995                                                    
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
              Name and country                             Name of currency                 Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Senator Nancy L. Kassebaum:                                                                                                                                                                     
    China..................................  Yuan.......................................       20,427     2,476.00  ...........  ...........  ...........  ...........       20,427     2,476.00
    Hong Kong..............................  Dollar.....................................        5,634       728.00  ...........  ...........  ...........  ...........        5,634       728.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     4,899.00  ...........  ...........  ...........     4,899.00
Peter Cleveland:                                                                                                                                                                                
    Israel.................................  Dollar.....................................  ...........       812.00  ...........  ...........  ...........  ...........  ...........       812.00

[[Page S 16838]]
                                                                                                                                                                                                
    Jordan.................................  Dollar.....................................  ...........       470.00  ...........  ...........  ...........  ...........  ...........       470.00
    Syria..................................  Dollar.....................................  ...........     1,280.00  ...........  ...........  ...........  ...........  ...........     1,280.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     4,469.65  ...........  ...........  ...........     4,469.65
Bonnie L. Coe:                                                                                                                                                                                  
    Thailand...............................  Baht.......................................       14,000       560.00  ...........  ...........  ...........  ...........       14,000       560.00
    Indonesia..............................  Dollar.....................................  ...........     1,167.00  ...........  ...........  ...........  ...........  ...........     1,167.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     6,176.65  ...........  ...........  ...........     6,176.65
Michael Haltzel:                                                                                                                                                                                
    Croatia................................  Kuna.......................................        5,076       940.00  ...........  ...........  ...........  ...........        5,076       940.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     3,367.75  ...........  ...........  ...........     3,367.75
Michael G. Harper:                                                                                                                                                                              
    China..................................  Yuan.......................................       20,427     2,476.00  ...........  ...........  ...........  ...........       20,427     2,476.00
    Hong Kong..............................  Dollar.....................................        5,634       728.00  ...........  ...........  ...........  ...........        5,634       728.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     4,899.00  ...........  ...........  ...........     4,899.00
Elizabeth Lambird:                                                                                                                                                                              
    Thailand...............................  Baht.......................................    3,189,888     1,278.00  ...........  ...........  ...........  ...........    3,189,888     1,278.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     2,047.00  ...........  ...........  ...........     2,047.00
Robyn Lieberman:                                                                                                                                                                                
    Ethiopia...............................  Dollar.....................................  ...........       626.20  ...........  ...........  ...........  ...........  ...........       626.20
    Uganda.................................  Dollar.....................................  ...........       538.00  ...........  ...........  ...........  ...........  ...........       538.00
    Rwanda.................................  Dollar.....................................  ...........       392.00  ...........  ...........  ...........  ...........  ...........       392.00
    Kenya..................................  Dollar.....................................  ...........       530.00  ...........  ...........  ...........  ...........  ...........       530.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     6,004.35  ...........  ...........  ...........     6,004.35
Todd D. Lyle:                                                                                                                                                                                   
    Colombia...............................  Dollar.....................................  ...........       324.00  ...........  ...........  ...........  ...........  ...........       324.00
Michelle Maynard:                                                                                                                                                                               
    Turkey.................................  Dollar.....................................  ...........       524.00  ...........  ...........  ...........  ...........  ...........       524.00
    Turkey.................................  Lira.......................................   51,036,560     1,078.00  ...........  ...........  ...........  ...........   51,036,560     1,078.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     4,469.00  ...........  ...........  ...........     4,469.00
Patricia McNerney:                                                                                                                                                                              
    Ukraine................................  Dollar.....................................  ...........       160.00  ...........       140.00  ...........  ...........  ...........       300.00
    Russia.................................  Dollar.....................................  ...........     1,200.00  ...........  ...........  ...........  ...........  ...........     1,200.00
    Kazakhstan.............................  Dollar.....................................  ...........       400.00  ...........  ...........  ...........  ...........  ...........       400.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     5,419.05  ...........  ...........  ...........     5,419.05
Christopher Moore:                                                                                                                                                                              
    Israel.................................  Dollar.....................................  ...........     1,458.00  ...........  ...........  ...........  ...........  ...........     1,458.00
    Syria..................................  Dollar.....................................  ...........     1,620.00  ...........  ...........  ...........  ...........  ...........     1,620.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     3,088.65  ...........  ...........  ...........     3,088.65
Diana Ohlbaum:                                                                                                                                                                                  
    Ethiopia...............................  Dollar.....................................  ...........       626.20  ...........  ...........  ...........  ...........  ...........       626.20
    Uganda.................................  Dollar.....................................  ...........       538.00  ...........  ...........  ...........  ...........  ...........       538.00
    Rwanda.................................  Dollar.....................................  ...........       392.00  ...........  ...........  ...........  ...........  ...........       392.00
    Kenya..................................  Dollar.....................................  ...........       475.00  ...........  ...........  ...........  ...........  ...........       475.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     6,004.35  ...........  ...........  ...........     6,004.35
George Pickart:                                                                                                                                                                                 
    Israel.................................  Dollar.....................................  ...........       812.00  ...........  ...........  ...........  ...........  ...........       812.00
    Jordan.................................  Dollar.....................................  ...........       470.00  ...........  ...........  ...........  ...........  ...........       470.00
    Syria..................................  Dollar.....................................  ...........     1,280.00  ...........       161.30  ...........  ...........  ...........     1,441.30
    Turkey.................................  Dollar.....................................  ...........       200.00  ...........  ...........  ...........  ...........  ...........       200.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     3,294.65  ...........  ...........  ...........     3,294.65
Danielle Pletka:                                                                                                                                                                                
    Israel.................................  Dollar.....................................  ...........     1,458.00  ...........  ...........  ...........  ...........  ...........     1,458.00
    Syria..................................  Dollar.....................................  ...........     1,620.00  ...........  ...........  ...........  ...........  ...........     1,620.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     3,088.15  ...........  ...........  ...........     3,088.15
    Tunisia................................  Dinar......................................      155,841       166.00  ...........  ...........  ...........  ...........      155,841       166.00
    Morocco................................  Dirham.....................................      815,926       950.00  ...........  ...........  ...........  ...........      815,926       950.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     3,623.55  ...........  ...........  ...........     3,623.55
Daniel Shapiro:                                                                                                                                                                                 
    China..................................  Dollar.....................................  ...........     1,682.00  ...........  ...........  ...........  ...........  ...........     1,682.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     3,867.95  ...........  ...........  ...........     3,867.95
Timothy P. Trenkle:                                                                                                                                                                             
    China..................................  Yuan.......................................       20,427     2,476.00  ...........  ...........  ...........  ...........       20,427     2,476.00
    Hong Kong..............................  Dollar.....................................        5,634       728.00  ...........  ...........  ...........  ...........        5,634       728.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     4,899.00  ...........  ...........  ...........     4,899.00
Christopher Walker:                                                                                                                                                                             
    Thailand...............................  Dollar.....................................  ...........     1,384.00  ...........  ...........  ...........  ...........  ...........     1,384.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     3,087.00  ...........  ...........  ...........     3,087.00
Anne V. Smith:                                                                                                                                                                                  
    Ukraine................................  Dollar.....................................  ...........       200.00  ...........       140.00  ...........  ...........  ...........       340.00
    Russia.................................  Dollar.....................................  ...........     1,300.00  ...........  ...........  ...........  ...........  ...........     1,300.00
    Kazakhstan.............................  Dollar.....................................  ...........       600.00  ...........  ...........  ...........  ...........  ...........       600.00
    United States..........................  Dollar.....................................  ...........  ...........  ...........     5,419.05  ...........  ...........  ...........     5,419.05
Peter Cleveland:                                                                                                                                                                                
    United States..........................  Dollar.....................................  ...........  ...........  ...........     4,670.25  ...........  ...........  ...........     4,670.25
Senator Hank Brown:                                                                                                                                                                             
    Taiwan.................................  Dollar.....................................  ...........       173.00  ...........  ...........  ...........  ...........  ...........       173.00
    Cambodia...............................  Dollar.....................................  ...........       216.02  ...........  ...........  ...........  ...........  ...........       216.02
    Myanmar................................  Dollar.....................................  ...........       110.90  ...........  ...........  ...........  ...........  ...........       110.90
    India..................................  Dollar.....................................  ...........       401.46  ...........  ...........  ...........  ...........  ...........       401.46
    Pakistan...............................  Dollar.....................................  ...........       192.20  ...........  ...........  ...........  ...........  ...........       192.20
    Syria..................................  Dollar.....................................  ...........       272.36  ...........  ...........  ...........  ...........  ...........       272.36
    Israel.................................  Dollar.....................................  ...........       103.77  ...........  ...........  ...........  ...........  ...........       103.77
    Egypt..................................  Dollar.....................................       424.88       157.04  ...........  ...........  ...........  ...........       424.88       157.04
    Belgium................................  Franc......................................        7,900       293.93  ...........  ...........  ...........  ...........        7,900       293.93
F. Carter Pilcher:                                                                                                                                                                              
    Taiwan.................................  Dollar.....................................  ...........       200.00  ...........  ...........  ...........  ...........  ...........       200.00
    Cambodia...............................  Dollar.....................................  ...........       160.00  ...........  ...........  ...........  ...........  ...........       160.00
    Myanmar................................  Dollar.....................................  ...........       105.00  ...........  ...........  ...........  ...........  ...........       105.00
    India..................................  Dollar.....................................  ...........       392.06  ...........  ...........  ...........  ...........  ...........       392.06
    Pakistan...............................  Dollar.....................................  ...........       300.00  ...........  ...........  ...........  ...........  ...........       300.00
    Syria..................................  Dollar.....................................  ...........       254.80  ...........  ...........  ...........  ...........  ...........       254.80
    Israel.................................  Dollar.....................................  ...........       286.89  ...........  ...........  ...........  ...........  ...........       286.89
    Egypt..................................  Dollar.....................................       333.52       123.27  ...........  ...........  ...........  ...........       333.52       123.27
    Belgium................................  Franc......................................        5,000       186.03  ...........  ...........  ...........  ...........        5,000       186.03
Thomas J. Callahan:                                                                                                                                                                             
    S. Africa..............................  Dollar.....................................  ...........       904.00  ...........  ...........  ...........  ...........  ...........       904.00
    Zimbabwe...............................  Dollar.....................................  ...........       390.00  ...........  ...........  ...........  ...........  ...........       390.00
    Ghana..................................  Dollar.....................................  ...........       212.00  ...........  ...........  ...........  ...........  ...........       212.00
    Botswana...............................  Dollar.....................................  ...........       422.00  ...........  ...........  ...........  ...........  ...........       422.00
    Morocco................................  Dollar.....................................  ...........       456.00  ...........  ...........  ...........  ...........  ...........       456.00
                                                                                         -------------------------------------------------------------------------------------------------------
      Total................................  ...........................................  ...........    45,435.13  ...........    83,235.35  ...........  ...........  ...........   128,670.48
JESSE HELMS,                                                                                                                                                                                    
Chairman, Committee on Foreign Relations,                                                                                                                                                       
 Oct. 20, 1995.                                                                                                                                                                                 
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[[Page S 16839]]
   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                                       U.S.C. 1754(b), COMMITTEE ON THE JUDICIARY, FOR TRAVEL FROM APR. 1 TO JUNE 30, 1995                                                      
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
              Name and country                             Name of currency                 Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Robert Lockwood:                                                                                                                                                                                
    Germany................................  Dollar.....................................  ...........       150.00  ...........     3,175.65  ...........  ...........  ...........     3,325.65
Paul Matulic:                                                                                                                                                                                   
    Hungary................................  Forint.....................................        2,396        24.00  ...........  ...........  ...........  ...........        2,396        24.00
                                             Dollar.....................................  ...........       300.00  ...........     1,197.35  ...........  ...........  ...........     1,497.35
Senator Orrin Hatch:                                                                                                                                                                            
    Hungary................................  Forint.....................................        2,396        24.00  ...........  ...........  ...........  ...........        2,396        24.00
                                             Dollar.....................................  ...........       300.00  ...........     1,197.35  ...........  ...........  ...........     1,497.35
                                                                                         -------------------------------------------------------------------------------------------------------
      Total................................  ...........................................  ...........       798.00  ...........     5,570.35  ...........  ...........  ...........     6,368.35
ORRIN HATCH,                                                                                                                                                                                    
Chairman, Committee on the Judiciary, Aug.                                                                                                                                                      
 4, 1995.                                                                                                                                                                                       
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   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                                      U.S.C. 1754(b), COMMITTEE ON THE JUDICIARY, FOR TRAVEL FROM JULY 1 TO SEPT. 30, 1995                                                      
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
              Name and country                             Name of currency                 Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Trina Vargo:                                                                                                                                                                                    
    United States..........................  Dollar.....................................  ...........  ...........  ...........     1,286.95  ...........  ...........  ...........     1,286.95
    Ireland................................  Pound......................................       700.52     1,145.00          304       185.99  ...........  ...........     1,004.52     1,330.99
    United Kingdom.........................  Pound......................................       477.41       803.00        27.50        18.70  ...........  ...........       504.91       821.70
                                                                                         -------------------------------------------------------------------------------------------------------
      Total................................  ...........................................  ...........     1,948.00  ...........     1,491.64  ...........  ...........  ...........     3,439.64
ORRIN HATCH,                                                                                                                                                                                    
Chairman, Committee on the Judiciary, Oct.                                                                                                                                                      
 2, 1995.                                                                                                                                                                                       
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   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                                   U.S.C. 1754(b), SELECT COMMITTEE ON INTELLIGENCE, FOR TRAVEL FROM JULY 1 TO SEPT. 30, 1995                                                   
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
              Name and country                             Name of currency                 Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Senator J. Robert Kerrey...................  ...........................................  ...........       795.00  ...........     3,574.55  ...........  ...........  ...........     4,369.55
Christopher Straub.........................  ...........................................  ...........       780.00  ...........     3,269.55  ...........  ...........  ...........     4,049.55
Arthur Grant...............................  ...........................................  ...........       848.00  ...........     3,269.55  ...........  ...........  ...........     4,117.55
Senator Richard Shelby.....................  ...........................................  ...........     4,777.63  ...........  ...........  ...........  ...........  ...........     4,777.63
Tom Young..................................  ...........................................  ...........     4,421.44  ...........  ...........  ...........  ...........  ...........     4,421.44
Peter Dorn.................................  ...........................................  ...........     2,500.99  ...........  ...........  ...........  ...........  ...........     2,500.99
Senator Kay B. Hutchison...................  ...........................................  ...........       384.83  ...........  ...........  ...........  ...........  ...........       384.83
Donald Stone...............................  ...........................................  ...........     1,487.00  ...........  ...........  ...........  ...........  ...........     1,487.00
Don Mitchell...............................  ...........................................  ...........     1,596.00  ...........  ...........  ...........  ...........  ...........     1,596.00
Melvin Dubee...............................  ...........................................  ...........     2,206.00  ...........  ...........  ...........  ...........  ...........     2,206.00
Gary Reese.................................  ...........................................  ...........     2,356.00  ...........     4,403.25  ...........  ...........  ...........     6,759.25
Lorenzo Goco...............................  ...........................................  ...........     2,356.00  ...........     4,403.25  ...........  ...........  ...........     6,759.25
Alfred Cumming.............................  ...........................................  ...........     1,197.50  ...........     3,803.35  ...........  ...........  ...........     5,000.85
Senator Arlen Specter......................  ...........................................  ...........     1.547.60  ...........  ...........  ...........  ...........  ...........     1,547.60
Charles Battaglia..........................  ...........................................  ...........       464.00  ...........  ...........  ...........  ...........  ...........       464.00
William Morley.............................  ...........................................  ...........     1,544.00  ...........  ...........  ...........  ...........  ...........     1,544.00
Patricia Hanback...........................  ...........................................  ...........       308.00  ...........  ...........  ...........  ...........  ...........       308.00
                                                                                         -------------------------------------------------------------------------------------------------------
      Total................................  ...........................................  ...........    29,569.99  ...........    22,723.50  ...........  ...........  ...........    52,293.49
ARLEN SPECTER,                                                                                                                                                                                  
Chairman, Select Committee on Intelligence,                                                                                                                                                     
 Oct. 24, 1995.                                                                                                                                                                                 
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   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                                  U.S.C. 1754(b), FOR TRAVEL AUTHORIZED BY THE REPUBLICAN LEADER FROM JULY 1, TO SEPT. 30, 1995                                                 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
              Name and country                             Name of currency                 Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Ronald A. Marks:                                                                                                                                                                                
    Vietnam................................  Dollar.....................................  ...........     1,155.00  ...........  ...........  ...........  ...........  ...........     1,155.00
    Thailand...............................  Baht.......................................     5,250.50       213.00  ...........  ...........  ...........  ...........     5,250.50       213.00
Sally Walsh:                                                                                                                                                                                    
    Vietnam................................  Dollar.....................................  ...........     1,150.00  ...........  ...........  ...........  ...........  ...........     1,150.00
    Thailand...............................  Baht.......................................     5,250.50       213.00  ...........  ...........  ...........  ...........     5,250.50       213.00
Randy Scheunemann:                                                                                                                                                                              
    Haiti..................................  Dollar.....................................  ...........       448.00  ...........       648.95  ...........  ...........  ...........     1,096.95
                                                                                         -------------------------------------------------------------------------------------------------------
      Total................................  ...........................................  ...........     3,179.00  ...........       648.95  ...........  ...........  ...........     3,827.95
ROBERT J. DOLE,                                                                                                                                                                                 
Republican Leader, Oct. 23, 1995.                                                                                                                                                               
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