[Congressional Record (Bound Edition), Volume 149 (2003), Part 11]
[Extensions of Remarks]
[Page 14963]
[From the U.S. Government Publishing Office, www.gpo.gov]




            INTRODUCTION OF THE IRAQI FREEDOM FROM DEBT ACT

                                 ______
                                 

                        HON. CAROLYN B. MALONEY

                              of new york

                    in the house of representatives

                         Monday, June 16, 2003

  Mrs. MALONEY. Mr. Speaker, today with my colleague Representative Jim 
Leach, I am introducing the Iraqi Freedom from Debt Act. This 
legislation consists of `findings' and two major initiatives. It 
requires the U.S. to negotiate in the IMF, World Bank and other 
appropriate multilateral development institutions for relief of the 
debts owed by Iraq to these institutions. Secondly, it includes a sense 
of Congress that the President should urge France and Russia and all 
other public and private creditors to relieve the debts owed to them by 
Iraq.
  I will speak in more detail on the merits of the bill later this 
week. I urge my colleagues to support this worthy legislation.

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