Mr. Speaker. as one who has worked for many years to free the Soviet Jews. I support the immediate consideration of loan guarantees to help Israel provide housing for Russian and Ethiopian Jews. These loan guarantees are badly needed so that these refugees can receive the housing that they need and deserve. and I will vote to approve them. The aid would be structured as an American guarantee to Israeli bonds that would be Issued over 5 years. This would allow Israel to pay a lower interest rate on the bonds. Since the guarantee would not be triggered unless Israel defaulted on the bonds. no actual expenditure of public funds would be required.
Keywords matched
refugees