[Weekly Compilation of Presidential Documents Volume 37, Number 43 (Monday, October 29, 2001)]
[Page 1546]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Letter to Congressional Leaders on the Intention To Reach an Arrangement 
With the United Nations Regarding Reciprocal Debt Forgiveness

October 24, 2001

Dear __________ :

    Pursuant to section 913 of the Admiral James W. Nance and Meg 
Donovan Foreign Relations Authorization Act, Fiscal Years 2000 and 2001 
(as contained in Public Law 106-113), and amended by Public Law 107-46, 
and, in accordance with the procedures applicable to reprogramming 
notifications under section 634A of the Foreign Assistance Act of 1961 
(22 U.S.C. 2394-1), I am notifying you of my intention to exercise my 
authority under section 913. The United States will reach an arrangement 
with the United Nations regarding the reciprocal debt forgiveness 
contemplated by the legislation.
     Sincerely,
                                                George W. Bush

Note: Letters were sent to J. Dennis Hastert, Speaker of the House of 
Representatives, Joseph R. Biden, Jr., chairman, and Jesse Helms, 
ranking member, Senate Committee on Foreign Relations; Robert C. Byrd, 
chairman, and Ted Stevens, ranking member, Senate Committee on 
Appropriations; Henry J. Hyde, chairman, and Tom Lantos, ranking member, 
House Committee on International Relations; and C.W. Bill Young, 
chairman, and David R. Obey, ranking member, House Committee on 
Appropriations. This letter was released by the Office of the Press 
Secretary on October 25. An original was not available for verification 
of the content of this letter.