[Congressional Record Volume 148, Number 12 (Tuesday, February 12, 2002)]
[Senate]
[Pages S661-S665]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
STATEMENTS ON INTRODUCED BILLS AND JOINT RESOLUTIONS
By Mr. SHELBY:
S. 1933. A bill to amend the Securities Exchange Act of 1934 and the
Securities Act of 1933, to address liability standards in connection
with violations of the Federal securities laws, and for other purposes;
to the Committee on Banking, Housing, and Urban Affairs.
Mr. SHELBY Mr. President, I ask unanimous consent that the text of
the bill be printed in the Record.
There being no objection, the bill was ordered to be printed in the
Record, as follows:
S. 1933
Be it enacted by the Senate and House of Representatives of
the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Investor Protection Act of
2002''.
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SEC. 2. LIABILITY STANDARDS IN PRIVATE SECURITIES LITIGATION.
(a) In General.--Section 21D(f) of the Securities Exchange
Act of 1934 (15 U.S.C. 78u-4(f)) is amended to read as
follows:
``(f) Civil Liability.--
``(1) Joint and several liability for damages.--Any covered
person against whom a final judgment is entered in a private
action arising under this title shall be liable for damages
jointly and severally.
``(2) Settlement discharge.--
``(A) In general.--A covered person who settles any private
action arising under this title at any time before final
verdict or judgment shall be discharged from all claims for
contribution brought by other persons.
``(B) Bar order.--Upon entry of a settlement described in
subparagraph (A) by the court, the court shall enter a bar
order constituting the final discharge of all obligations to
the plaintiff of the settling covered person arising out of
the action, which order shall bar all future claims for
contribution arising out of the action--
``(i) by any person against the settling covered person;
and
``(ii) by the settling covered person against any person,
other than a person whose liability has been extinguished by
the settlement of the settling covered person.
``(C) Reduction.--If a covered person enters into a
settlement with the plaintiff prior to final verdict or
judgment, the verdict or judgment shall be reduced by the
greater of--
``(i) an amount that corresponds to the percentage of
responsibility of that covered person; or
``(ii) the amount paid to the plaintiff by that covered
person.
``(3) Contribution.--
``(A) In general.--A covered person who is jointly and
severally liable for damages in any private action arising
under this title may recover contribution from any other
person who, if joined in the original action, would have been
liable for the same damages. A claim for contribution shall
be determined based on the percentage of responsibility of
the claimant and of each person against whom a claim for
contribution is made, as determined by the court.
``(B) Statute of limitations for contribution.--In any
private action arising out of this title determining
liability, an action for contribution shall be brought not
later than 6 months after the date of entry of a final,
nonappealable judgment in the action.
``(4) Applicability.--Nothing in this subsection shall be
construed to create, affect, or in any manner modify, the
standard for liability associated with any action arising
under the securities laws.
``(5) Definitions.--For purposes of this subsection--
``(A) the term `covered person' means--
``(i) a defendant in any private action arising under this
title; or
``(ii) a defendant in any private action arising under
section 11 of the Securities Act of 1933, who is an outside
director of the issuer of the securities that are the subject
of the action; and
``(B) the term `outside director' shall have the meaning
given such term by rule or regulation of the Commission.''.
(b) Conforming Amendment to the Securities Act of 1933.--
Section 11(f)(2)(A) of the Securities Act of 1933 (15 U.S.C.
77k(f)(2)(A)) is amended by striking ``in accordance'' and
all that follows through the period and inserting ``in
accordance with section 21D(f) of the Securities Exchange Act
of 1934.''.
(c) Applicability.--The amendments made by this section
shall not affect or apply to any private action arising under
the securities laws commenced before and pending on the date
of enactment of this Act.
SEC. 3. PERSONS WHO AID AND ABET VIOLATIONS.
(a) Commission Authority.--Section 20(e) of the Securities
Exchange Act of 1934 (15 U.S.C. 78t(e)) is amended by
striking ``knowingly'' and inserting ``recklessly''.
(b) Private Litigation.--Section 21D of the Securities
Exchange Act of 1934 (15 U.S.C. 78u-4) is amended by adding
at the end the following:
``(g) Persons That Aid or Abet Violations.--Any person that
recklessly provides substantial assistance to another person
in violation of a provision of this title, or of any rule or
regulation issued under this title, shall be deemed to be in
violation of such provision to the same extent as the person
to whom such assistance is provided.''.
SEC. 4. STATUTE OF LIMITATIONS.
Title I of the Securities Exchange Act of 1934 (15 U.S.C.
78a et seq.) is amended by adding at the end the following
new section:
``SEC. 37. STATUTE OF LIMITATIONS.
``(a) In General.--Except as otherwise specifically
provided in this title, and notwithstanding section 9(e), an
implied private right of action arising under this title may
be brought not later than the earlier of--
``(1) 5 years after the date on which the alleged violation
occurred; or
``(2) 3 years after the date on which the alleged violation
was discovered.
``(b) Effective Date.--The limitations period provided by
this section shall apply to all proceedings commenced after
the date of enactment of the Investor Protection Act of
2002.''.
SEC. 5. REPEAL OF CERTAIN CLASS ACTION LIMITATIONS.
(a) Securities Exchange Act of 1934.--Section 28 of the
Securities Exchange Act of 1934 (15 U.S.C. 78bb) is amended--
(1) in subsection (a), by striking ``Except as provided in
subsection (f), the'' and inserting ``The''; and
(2) by striking subsection (f).
(b) Securities Act of 1933.--Section 16 of the Securities
Act of 1933 (15 U.S.C. 77p) is amended to read as follows:
``SEC. 16. REMEDIES ADDITIONAL.
``The rights and remedies provided by this title shall be
in addition to any and all other rights and remedies that may
exist at law or in equity.''.
______
By Ms. MIKULSKI (for herself and Mrs. Clinton):
S. 1934. A bill to amend the Law Enforcement Pay Equity Act of 2000
to permit certain annuitants of the retirement programs of the United
States Park Police and United States Secret Service Uniformed Division
to receive the adjustments in pension benefits to which such annuitants
would otherwise be entitled as a result of the conversion of members of
the United States Park Police and United States Secret Service
Uniformed Division to a new salary schedule under the amendments made
by such Act; to the Committee on Governmental Affairs.
Ms. MIKULSKI. Mr. President, I rise today to introduce the Federal
Law Enforcement Pay Adjustment Equity Act. I am proud to be joined on
this bill by my colleague, Senator Clinton. This legislation amends the
Law Enforcement Pay Equity Act of 2000 to allow retired police officers
of the United States Secret Service Uniformed Division and the United
States Park Police to receive the same Cost of Living Adjustment, COLA,
as active officers.
For almost 80 years, Secret Service and Park Police retirees were
assured an increase in their pensions whenever their active
counterparts received an increase by the ``equalization clause'' in the
District of Columbia Police and Firearms Salary Act, DCRA, of 1958.
When the Law Enforcement Pay Equity Act passed in 2000, the automatic
link that ensured retirees of getting the same COLA as active officers
was severed. This bill would restore that link, guaranteeing that the
pension for these retired federal police officers keeps up with the
cost of living.
The Law Enforcement Pay Equity Act of 2000 created a sharp inequality
in retirement benefits for a small number of retirees, 630 Secret
Service retirees and 465 Park Police retirees, roughly eleven hundred
in total. They gave years of loyal service, often in difficult and
life-threatening situations. They are the only federal retirees who had
existing retirement benefits scaled back.
Providing for government retirees and their families has always been
an important function of the Federal Government. There is no reason why
the government should go back on its word to provide this small group
of valuable employees with secure retirement benefits. Restoring the
Cost of Living Adjustment to the pensions of 1100 Federal retirees will
have a minimal impact on the Federal budget, but a major impact on the
quality of life of the people involved.
When it comes to Federal employees, I believe that promises made
should be promises kept. These former Secret Service and Park Police
officers planned for their retirement with the understanding that their
pension would be enough to live on, even as the cost of living
increased. They deserve the retirement benefits they were promised when
they signed up for service.
I urge my colleagues to join me in expressing support for this bill
to restore promised retirement benefits to retired officers of the
United States Secret Service Uniformed Division and the United States
Park Police.
______
By Ms. MIKULSKI (for herself, Mr. Leahy, Mr. Bingaman, and Mrs.
Clinton):
S. 1935. A bill to amend chapters 83 and 84 of title 5, United States
Code, to include inspectors of the Immigration and Naturalization
Service, inspectors and canine enforcement officers of the United
States Customs Service, and revenue officers of the Internal Revenue
Service as law enforcement officers; to the Committee on Governmental
Affairs.
Ms. MIKULSKI. Mr. President, I rise today to introduce the Law
Enforcement Officers Retirement Equity Act of 2002. I am proud to be
joined on this bill by my colleagues, Senators Leahy, Clinton, and
Bingaman. This legislation will ensure that revenue officers of
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the Internal Revenue Service, customs inspectors of the U.S. Customs
Service, and immigration inspectors of the Immigration and
Naturalization Service have the same retirement options as most Federal
law enforcement officers and conforms with the Federal law enforcement
retirement system.
Under current law, most Federal law enforcement officers and
firefighters are eligible to retire at age 50 with 20 years of Federal
service. Most people would be surprised to learn that current law does
not treat revenue officers, customs inspectors and immigrations
inspectors as Federal law enforcement personnel. I feel very strongly
that in the light of the increased duties that these men and women are
doing to help combat terrorism, keep our homeland secure, and help with
the war on drugs we need to do what we can to give them the benefits
that they deserve.
This legislation will amend the current law and finally grant the
same 20-year retirement to these members of the Internal Revenue
Service, Customs Service, and Immigration and Naturalization Service.
The employees under this bill have very hazardous, physically
challenging occupations, and it is in the public's interest to make
sure that these homeland security officials receive the benefits they
earn on our frontlines everyday.
The need for a 20-year retirement benefit for inspectors of the
Customs Service is very clear. These employees are the country's first
line of defense against terrorism and the smuggling of illegal drugs at
our borders. They are required to have the same law enforcement
training as all other law enforcement personnel. These employees face
so many challenges. They may potentially confront criminals in the drug
war, organized crime figures, and increasingly sophisticated white-
collar criminals.
U.S. Customs inspectors have the authority to arrest those engaged in
these crimes if the crimes are committed in their presence. These
officers carry a firearm on the job. They are responsible for the most
arrests performed by Customs Service employees. Along with U.S. Customs
agents, uniformed U.S. Customs inspectors are helping provide
additional security at the Nation's airports and could assist U.S.
Customs agents with the arrest of anyone violating U.S. Customs laws.
They were among the first to respond to the tragedy at the World Trade
Center.
The Customs Service interdicts more narcotics than all other law
enforcement agencies combined, over a million pounds a year. In 1996,
they seized nearly 400 tons of marijuana, over 90 pounds of cocaine,
and nearly 1.45 tons of heroin.
Like U.S. Customs Service Inspectors, INS inspectors are part of the
first line of defense for homeland security. INS inspectors enforce the
nation's immigration laws at more than 300 ports of entry. In the
normal course of their duties, they enforce criminal law, make arrests,
carry firearms, interrogate applicants for entry, search persons and
effects, and seize evidence. Inspector's responsibilities have become
increasing complex as political, economic and social unrest has
increased globally. The threat of terrorism only increases these
responsibilities.
INS Inspectors help secure our borders. In FY 2001, over 510 million
inspections were performed by these inspectors with 700,000 individuals
were denied entry, and approximately 15,000 criminal aliens being
intercepted.
Revenue officers struggle with heavy workloads and a high rate of job
stress. Some IRS employees must even employ pseudonyms to hide their
identity because of the great threat to their personal safety. The
Internal Revenue Service currently provides it's employees with a
manual entitled: Assaults and Threats: A Guide to Your Personal Safety
to help employees respond to hostile situations. The document advises
IRS employees how to handle on-the-job assaults, abuse, threatening
telephone calls, and other menacing situations.
This legislation is cost effective. Any cost that is created by this
act is more than offset by savings in training costs and increased
revenue collection. A 20-year retirement bill for these critical
employees will reduce turnover, increase productivity, decrease
employee recruitment and development costs, and enhance the retention
of a well-trained and experienced work force. These vital Federal
employees bear the same risks and work under similar conditions to
other law enforcement officials and deserve to receive the same level
of benefits.
I urge my colleagues to join me again in this Congress in expressing
support for this bill and finally getting it enacted. This bill will
improve the effectiveness of our inspector and revenue officer work
force to ensure the integrity of our borders and proper collection of
the taxes and duties owed to the Federal Government.
Mr. LEAHY. Mr. President, I rise to join my good friend Senator
Mikulski in introducing the Law Enforcement Officers Retirement Equity
Act of 2002. This bill would correct an inequity that exists under
current law, whereby U.S. Customs Service and INS Inspectors as well as
revenue agents from the IRS are denied the same retirement benefits
provided to other law enforcement officers. I have introduced a similar
bill, S. 1828, with the support of Senator Hatch and Senator Mikulski,
which would provide similar benefits to the Nation's Federal
prosecutors, who are now more than ever facing the immense dangers and
challenges of the war on terrorism. Both measures are long overdue and
important corrections in the Federal law.
This bill would increase the retirement benefits given to federal INS
and Customs inspectors and IRS Revenue agents by including them as
``law enforcement officers,'' LEOs, under the Federal Employees'
Retirement System and the Civil Service Retirement System. The relevant
provisions of the United States Code dealing with retirement benefits
define an LEO as an employee whose duties are ``primarily the
investigation, apprehension, or detention'' of individuals suspected or
convicted of violating Federal law. See 5 U.S.C. Sec. Sec. 8331(20) &
8401(17). Under that definition, it is inconceivable that Customs and
INS Inspectors and IRS Revenue Agents would not be included, yet they
are not. Customs and INS Inspectors spend their entire days searching,
questioning, and investigating potential violations of Federal law by
those who either cross our borders or those who send goods and freight
into and out of the United States. In many cases, they are our first
and last defense against smugglers and those who seek to enter the
United States unlawfully. IRS Revenue Agents have a long history of tax
enforcement, sometime in dangerous circumstances involving contraband
materials.
This bill would make these agents and inspectors eligible for
immediate, unreduced retirement benefits at age 50 with 20 years of
service. For example, those who are covered by the Civil Service
Retirement System would receive 50 percent of the average of their
three highest years' salary. That is the retirement package that is
currently afforded to nearly every other Federal law enforcement
employee. Just like the Federal prosecutors covered by S. 1828, there
is no good justification for not including these Customs, INS and IRS
law enforcement employees with their peers in terms of their retirement
benefits, and plenty of good reasons supporting their inclusion.
First and foremost, the danger faced by these men and women supports
their inclusion as LEOs. The primary reason for granting enhanced
retirement benefits to LEOs is the often dangerous work of law
enforcement, and at no time in our Nation's history has both the danger
and importance of protecting our Nation's borders been more clear. As
the September 11 attacks on our nation amply demonstrated, the tools of
terrorism and the terrorists themselves are often imported to the
United States from abroad--and often times illegally. The people who
are included in this bill are the men and women who literally stand
their posts to make sure that, among other things, illegal weapons and
terrorists are not allowed into the United States. What could possibly
be more dangerous?
I know first hand, from my experience as a former prosecutor in
Vermont that the men and women who stand watch at our Northern border
put themselves in harm's way each and every day that they put on their
uniforms and go to work. In Vermont, I know that these men and women
have a proud history of confronting and apprehending those who seek to
enter the
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county illegally and smuggle contraband into the United States.
Already, as part of the USA PATRIOT Act, I was able to work to include
important provisions which enhanced the protection of our Northern
border. This bill is yet another overdue measure which recognizes the
importance of such border protection.
Another reason for correcting this inconsistency in the law is the
retention of good officers at the agencies which guard the border.
Faced with new security challenges, it is crucial that the Customs
Service and the INS possess the tools to maintain an experienced and
professional cadre of agents at our Nation's land borders, airports,
and seaports. When one type of Federal law enforcement officer is
provided worse benefits than all others for no good reason, there is a
risk that the most qualified and successful agents will move to other
comparable jobs with better benefits. Since LEO retirement benefits are
currently afforded to nearly every other group of people that enforce
our laws, there is currently a risk that the best and most dedicated
Customs and INS Inspectors will be lured away from their jobs
protecting the border for ``greener'' pastures. This bill would
eliminate this risk by providing proper incentives for the best people
to stay right where we want them, protecting our borders.
To conclude, I commend Senator Mikulsi's leadership in this area, and
I join her in introducing the Law Enforcement Officers Retirement
Equity Act of 2002. For all of these reasons, I urge its swift
enactment into law.
______
By Mr. DURBIN:
S. 1936. A bill to address the international HIV/AIDS pandemic; to
the Committee on Health, Education, Labor, and Pensions.
Mr. DURBIN. Mr. President, I rise to introduce the Global
Coordination of HIV/AIDS Response Act, known as the Global CARE Act.
HIV/AIDS is a national security issue, an economic issue, a health and
safety issue, and most importantly a moral issue. It is for these
reasons I am proposing comprehensive legislation to address the global
HIV/AIDS pandemic. This bill will not solve all these problems. But it
does set the bar where the need is, and it does offer innovative ideas
to address the global AIDS crisis in a strategic, coordinated,
accountable manner.
Since the tragedy of September 11, we have all been focused on
combating the war on terrorism, and rightfully so. But as we all know,
perhaps even more clearly since September, fighting and preventing
terrorism, preparing for and preventing bioterrorist attacks,
maintaining international stability, and promoting global economic
cooperation and growth require not only a military and political
response but also a social and humanitarian effort.
Today's reality is a world in which geographical borders seem to hold
less and less significance. As we work to maintain economic prosperity
and safety in our own Nation, we must face the fact that globalization
is upon us. This has never been more true than in the case of disease.
The HIV/AIDS pandemic, tuberculosis and other life threatening
infectious diseases know no borders. They cannot be prevented by a
missile defense system. We cannot halt the spread of AIDS with bombing
raids.
Whether deliberately spread as a man made bioterrorist threats or a
naturally occurring, infectious diseases are a pressing national
security issue. A CIA report last year noted the link between disease
and political chaos, saying that rampant AIDS, tuberculosis and other
infectious illnesses were ``likely to aggravate, and in some cases, may
even provoke, economic decay, social fragmentation and political
destabilization in the hardest hit countries.''
The epidemic is not confined to Africa. HIV has reached epidemic
proportions in India. The World Bank estimates that if effective
prevention efforts are not implemented immediately and sustained, India
could have more than 37 million people infected with HIV by the year
2005. This is roughly equal to the total number of HIV infections in
the world today. The AIDS epidemic is sweeping across Eastern Europe,
where HIV infection rates are rising faster in the former Soviet Union
than anywhere else in the world according to a U.N. Report on AIDS. The
Baltic nation of Estonia reported 10 times as many new infections last
year as it did in 1999. In China, the number of people living with AIDS
now tops one million. This is a moral issue that cannot be ignored.
The rising rates of infection and the rising death toll are draining
national budgets and depriving local economies of their workforce. Last
November United Nations officials predicted that some of the most
affected African nations could lose more than 20 percent of their Gross
Domestic Product, GDP, by 2020 because of AIDS. Recent studies by the
World Health Organization's Commission on Macroeconomics and Health
show that infections and disease are not only the product of poverty;
they also create poverty. By investing in health in developing
countries we can save lives and produce clear and measurable financial
returns. For example, the Commission reported that well-targeted
spending of shared among nations in the amount of $66 billion a year by
2015 could save as many as 8 million lives a year and generate six-fold
economic benefits, more than $360 billion a year by 2020.
AIDS is also the single largest contributor to a worldwide resurgence
in Tuberculosis, TB. The spread of TB in the developing world has a
direct effect on the health and safety of Americans. Last month, forty-
eight people in Mobile, Alabama, tested positive for exposure to
tuberculosis, three weeks after a graduate student at Spring Hill
College died of the disease. The Student, from Nairobi, Kenya, is
thought to have contracted TB before coming to the U.S. Also last
month, health officials in Mecklenburg County, North Carolina,
announced they were treating five people for drug-resistant TB. All
were immigrants from countries where TB flourishes. Just last week, the
Centers for Disease Control and Prevention indicated that the number of
new cases of TB in this country declined in 2000 but the number of
cases occurring in the foreign-born U.S. population increased. The
point is clear: we cannot maintain our own safety if we neglect the
health needs of the developing world.
For all these reasons--national security, economic stability, public
health, and our moral obligation, I have introduced the Global CARE
Act. It is critically important that we demonstrate the political will
to act on this issue. I think it would be productive for Congress to
establish clear policy goals and funding targets that represent the
real need. It is also our job to ensure that there is accountability
for the money that we appropriate, and that we are able to articulate
the results of our U.S. investment. It is my hope that by doing this we
will secure a serious, effective financial commitment that to date has
been woefully inadequate.
The Global Coordination of HIV/AIDS Response Act is grounded in the
principles of leadership and accountability.
The policy goals I have set forth in this bill are the following:
better coordination among the myriad of U.S. agencies active in the
global AIDS fight; a more focused strategic planning initiative that
makes the best use of U.S bilateral assistance; increased
accountability for the health and policy objectives we seek to achieve
with our financial and human investment in AIDS-ravaged countries; the
ability to mobilize the most effective human and capacity-building
tools to provide some of the building blocks that are needed; and a
clear articulation of the broader issues that need to be addressed to
have a real impact on HIV/AIDS, including not just prevention but
treatment and care, and not just health initiatives but also economic
investments.
The Global CARE Act provides specific funding authorizations for the
key agencies working on global AIDS, as well as for the Global Fund.
Both bilateral and multilateral assistance is needed to address this
problem. Before the Leadership and Investment in Fighting and Epidemic,
LIFE, initiative authorized USAID to conduct activities specifically
focused on global AIDS in FY2000, there was little direction from
Congress on this issue. And up until the United Nations and President
Bush specifically requested money for the Global Fund, there was little
agreement about what was needed. It is now time for Congress to step up
to the plate and provide some direction.
The authorized funding levels in the Global CARE Act represent a need
that
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has been well documented. The World Health Organization's
Marcoeconomics and Health Commission has determined that by 2007, the
international community--donor and affected countries--should be
spending $14 billion in response to the AIDS pandemic. Last year, the
United Nations called for roughly $10 billion annually.
America has by far the greatest giving capacity, yet we devote the
smallest percentage of our overall wealth to efforts aimed at
alleviating global poverty and disease. Last year the United States
gave one-tenth of 1 percent of its GNP to foreign aid--or $1 for every
thousand dollars of its wealth, the lowest giving rate of any rich
nation. By comparison, Canada, Japan, Austria, Australia and Germany
each gave about one-quarter of 1 percent, of $2.50 for every thousand
dollars of wealth. Many other countries give even more, at rates 8 to
10 times higher than the United States. Based on its share of global
GNP, the United States should contribute at least 25 percent of the
total AIDS response cost in 2003. Twenty-five percent of the estimated
$10 billion needed next year would be $2.5 billion. Hundreds of civic
groups and religious leaders have joined together, calling on Congress
to provide at least $2.5 billion to combat the pandemic.
The Global CARE Act establishes broad policy goals and activities
that are embodied in an international HIV/AIDS Prevention and Capacity
Building Initiative and an International Care and Treatment Access
Initiative. These goals and activities, which range from education,
voluntary testing and counseling, to helping preserve families and
ameliorate the orphan crisis, are not parceled out to the various
agencies we know are actively engaged in this issue such as the U.S.
Agency for International Development (USAID) and the Centers for
Disease Control and Prevention (CDC). Rather this legislation generally
relies on the existing authorities of the agencies to carry out these
broad activities with the requirement that they coordinate their
activities with each other and with host country needs and host country
plans.
The development of a coordinated, effective, and sustained plan for
U.S. bilateral aid in relation to multilateral aid and other nation's
bilateral aid is paramount. The U.S. has the opportunity to provide the
requisite leadership in this global effort though operating
strategically, and in an accountable and transparent manner.
To provide an incentive for such coordination, the bill establishes
an interagency working group charged with ensuring that global HIV/AIDS
activities are conducted in a coordinated, strategic fashion. Members
of this working group include agencies within the Department of State,
specifically USAID; agencies within the Department of Health and Human
Services, including the Centers for Disease Control and Prevention, the
Health Resources and Services Administration, and the National
Institutes of Health; the Department of Defense, Labor, Commerce and
Agriculture, and the Peace Corps.
This is policy working group with representatives from the agency
programs doing the real work. It is my intention that the working group
help to ensure that the various agencies we fund to provide bi-lateral
assistance are making the most of the money we appropriate; that they
are not duplicating efforts; that they are learning from each others'
programmatic experience and research in order to implement the best
practices; and that they are accountable to Congress and the American
people for achieving measurable goals and objectives. In fact, the
function of this group is very similar to the interagency working group
established in H.R. 2069--legislation that passed the House of
Representatives last year.
The Global CARE Act very specifically directs the working group to
report back to the Senate Committee on Foreign Relations, the Senate
Committee on Health, Education, Labor and Pensions, and the Senate
Appropriations Committee, and the corresponding Committees in the House
of Representatives, with the following information: 1. The actions
being taken to coordinate multiple roles and policies, and foster
collaboration among Federal agencies contributing to the global HIV/
AIDS activities; 2. A description of the respective roles and
activities of each of the working group member agencies; 3. A
description of actions taken to carry out the goals and activities
authorized in the International AIDS Prevention and Capacity Building
Imitative and the International AIDS Care and Treatment Access
Initiative set out in the legislation; 4. Recommendation to specific
Congressional committees regarding legislative and funding actions that
are needed carry out the activities articulated in the bill; and 5. The
results of the HIV/AIDS goals and outcomes as established by the
working group. In my view, only by requiring very specific reporting
requirements will the working group actually work.
The Global CARE Act includes a number of other provisions. Some have
been discussed on the Hill, others have not. It authorizes a Global
Physician Corps to utilize the human capital we have in our working and
retired physicians by providing a mechanism for them to serve overseas
where their expertise is so needed.
The bill authorizes a small amount for USAID to work on development
and implementing initiatives to improve injection safety. According to
the World Health Organization (WHO), each year the overuse of
injections and unsafe injections combine to cause an estimated 8 to 16
million hepatitis B virus infections, 2.3 million to 4.7 million
hepatitis C infections and 80,000 to 160,000 HIV infections. Together,
these chronic infections are responsible for an estimated 10 million
new infections, more than 1.8 million deaths, 26 million years of life
lost, and more than $535 million in direct medical costs.
It includes a new pilot program to provide a limited procurement of
antirectoriviral drugs and technical assistance to programs in host
countries. And it includes a very important orphan relief and
microcredit component that acknowledges that addressing the AIDS
problem requires both an economic and social investment in women and
families.
I hope my colleagues will consider the framework and policy I have
developed as we work to introduce a unified proposal to address the
HIV/AIDS problem. Tackling this pandemic will take more than one good
bill--it will take a concerted effort to combine the best ideas and
realistic initaitives to get the job done.
____________________