On the recordJune 5, 1996
this amendment basically states that in the foreign aid accounts, those countries that are recipients of our foreign aid, when they make procurements, regardless of what the cost is within their own country, it has no bearing on the amendment. For example, if they are buying tables, and a table costs $300 in America but the table costs $700 in their own country, they just go right ahead; that is the purpose of our aid. But when that country does not make a table and they go outside their country for procurement, the Traficant amendment says if we are within 10 percent, we can be as high as 10 percent costlier, but that purchase shall be made from the American company. I believe this is a good amendment. We provide a lot of foreign aid. I realize there will be some concerns about this, but I am willing to work them out in conference as long as the legislative intent is reflected in the final bill.
Source
govinfo.gov
