Speech #960219881

On March 5 this House. in a rather strong voice. spoke out by a vote of 219 to 170 to reduce funding for the InterAmerican Development Bank and the fund for the special operation of that bank. By a vote of 210 to 189. the House voted to reduce the funding for the Asian Development Bank. the soft window of the Asian Development Bank. This House also voted to include in the legislation a direction for the Asian Development Bank to begin to use some of its funding to help some of the Asian refugees. We thought that might be a reasonable way to get other countries to help take up some of the load dealing with those refugees. Mr. Speaker. it was our opinion when we offered those amendments or that series of amendments that we were not going to curtail the effectiveness of these international financial institutions.