The urban aid package passed by the House is only an experiment. Generous tax breaks on businesses and a pittance for job training and social programs. Maybea few years from nowthey will result in new jobs in our communities. The Senate. the Presidents signature and an application process are yet to come. We are on the brink of funding aid to Russia and a $10 billion loan guarantee for Israel. I certainly understand the difficulties faced by Russiatheir economy has collapsedand Israelthey must absorb tens of thousands of new immigrants. However. our cities deserve the same preference. I have developed a $10 billion loan guarantee program for Americas cities.
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