Already importing 20 percent of its total goods from the United States. increased assets will only increase that number and protect thousands of American jobs. As Israels economy grows. so will United States exports to Israel. The absorption and training of the immigrant population will result in an infrastructure expansion and increased public consumption of goods. much of which will come from the United States. Finally. these guarantees are certain to be repaid. Israels credit record is flawless. having never defaulted on a principal or interest payment on any of its borrowing. Israel maintains a strong ability to service its foreign debt. with a high international bond rating and a low foreign debt as part of its gross domestic product. Israel is faced with an urgent need to provide adequate housing and care to the immigrants flowing into its borders. The United States has the obligation to disburse congressionally authorized loan guarantees to help Israel absorb these refugees. Our humanitarian obligations are too important to be subjected to the political whims of a Presidential administration historically negative toward our only democratic ally in the Middle East. The amendment would probably have been defeated. but I feel very deeply about the issue of humanitarian assistance being denied because of politics.
Keywords matched
immigrant immigrants refugees