I strongly support the decision of the chairman. the gentleman from Alabama to create a new account called the child survival and disease program fund. At 3484 million. it slightly increases the spending for protection of young children worldwide and it encourages the administration to fund programs to eradicate polio and reduce other infectious diseases. including AIDS. While maintaining support for children and refugees. this bill reduces the oldstyle governmenttogovernment foreign aid in favor of marketoriented. privatesectordriven economic growth. Genuine and sustainable development will be promoted far faster by investment by real entrepreneurs and expanded trade and capital formation by U.S. companies in emerging private sectors around the globe. We have invested in programs that allow private companies to work with export assistance agencies to make broadbased economic growth a reality in developing free markets.
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