There Is no risk that these loans will not be repaid. Israel has an outstanding record for repayment ot its debts. Furthermore. these talented. educated refugees. who are seeking to find new lives in Israel. will significantly bolster the economy. and this will further substantially increase Israels ability to repay the loans. During the Persian Gulf war. just 1 year ago. President Bush and Secretary of State Baker asked Israel to absorb a series of Scud missile strikes against its civilian population without what would have been a thoroughly justified military response against Iraq for these outrageous and unprovoked attacks. The Israeli Government generously agreed to our requestat considerable domestic political cost. Mr. Speaker. the White House and the State Department coldly turned their backs when Israel requested that our Government guarantee loans to assist it in building housing for hundreds of thousands of refugees. This administration has a short memory. Mr.
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refugees