Speech #880296564

However. the committee has disagreed with the administrative expense limitation allowed by the House of $20.500.000 and has increased this amount to $20.850.000. While this increase In allowance for administrative expenses recommended by the committee over the amount allowed by the House is relatively small. it will insure that there be no downward adjustment from the 14.000 volunteer level which the Peace Corps is striving to reach by the time all of its 65 summer training programs have begun. For assistance to refugees in the United States. the socalled Cuban refugee program. which is administered by the Department of Health. Education. and Welfare. the committee has recommended an appropriation of $34.800.000. This amount is $10.600.000 under the House bill and the budget estimate. Nevertheless. the amount allowed by the committee will provide full funding of the program requested by the administration. This is so because the committee has included language in the bill which will authorize the use of unobligated balances in the amount of $7.600.000 which. when added to the new obligational authority of $34.800.000 recommended by the committee. will finance a total program of $42.400.000 exclusive of the $3 million requested for contingencies. In its report. the committee has made it clear that. if contingencies develop in connection with the Cuban refugee program. a supplemental request can be considered at some future date. Furthermore. in connection with the Cuban refugee program. the committee was concerned by a misunderstanding which developed last year and again this year in connection with the unobligated balances under this program. To avoid any future misunderstandings the committee has included language in the bill which. it is hoped. will make it very lucid that appropriations for the assistance of refugees programs are available for the year for which they are appropriated and do not remain available until expended. Turning now to the final section of the bill. title III. which covers the ExportImport Bank of Washington. I report to the Senate that the committee has not recommended the appropriation of any new obligational authority for fiscal year 1965. because the ExportImport Bank is financed. not through the appropriation of new obligational authority but through direct borrowing from the U.S.