On the recordJune 7, 1995
today the House resumes work on legislation designed to take our Nation's foreign affairs operations out of the dark days of the cold war and into the sunshine of the 21st century. H.R. 1561--the American Overseas Interests Act--recognizes that we won the cold war. It reorganizes our foreign affairs agencies, cuts spending, and refocuses our resources to priorities that support American interests. The bill eliminates three agencies that our cold war victory has rendered obsolete--the Agency for International Development, the U.S. Information Agency, and the Arms Control and Disarmament Agency. It cuts spending by nearly $3 billion over 2 years--and by $21 billion over 7 years--while supporting our allies and punishing our opponents. A vote in favor of this bill is a vote to downside the Federal Government and to cut foreign aid. I urge my colleagues to join me in voting ``yes'' on final passage of the American Overseas Interests Act.
Source
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