President. I rise today as a cosponsor of this resolution on loan guarantees to Israel which will shortly be before this body. We should approve loan guarantees without delay to let the Israelis move forward in their challenging humanitarian taek of absorbing hundreds of thousands of refugees. There is an urgent need in Israela need we can and should help meet immediately. We have witnessed truly remarkable events in the past several years in this world of ours. Who could have predicted that hundreds of thousands of immigrants from the Soviet Union. Eastern Europe. and Ethiopia would flood Israel over the course of a few years? As cochair of the congressional caucus for Ethiopian Jewry. and as a longtime advocate for freedom for Soviet Jews. I feel a great moral imperative to help this historic immigration succeed. These loan guarantees should be considered on their own merit. President Bush argues that extending loan guarantees to Israel will jeopardize the peace process.
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immigration immigrants refugees