The cuts in military aid represented here are long overdue. This bill will be hundreds of millions of dollars lower in military aid than the Presidents request. and well over $1 billion below last years military aid levels. The agreement also comprises Senate provisions for loan guarantees for Israel. to allow that country to absorb hundreds of thousands of immigrants from the former Soviet Union. Technical scoring arguments notwithstanding. these guarantees are constructed so as to cost the U.S. taxpayer nothing. In critical humanitarian accountspopulation and refugees--the conference agreement sustains vital programs in an environment of growing instability and human misery. Increases for child survival. emergency aid for Africa. funding for UNICEF. education. antinarcotics and hunger programs--all are comprised within this conference agreement. Much has been said about the IMF quota increase included in this bill.
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