Political Quotes

“I come to the floor today with some good news and some real accomplishment for people who have been concerned about having their tax dollars used efficiently and effectively, especially in the area of foreign aid. You might remember that for about the three or four years, I have been, along with our former colleague John Miller, offering a number of amendments, a series of reforms, designed to clean up the operation of the World Bank. Last year we fought the recapitalization or the increased capitalization of the World Bank, and we came within a very few votes of being able to win that fight. And I believe as a result of consistent efforts and constant pressure being applied to the World Bank institutions, we were able to actually achieve the level of reform we wanted to get. You might remember that last year I was able to report that a task force that the president of the World Bank had appointed, in collaboration with the General Accounting Office, determined that the operation of the World Bank had poor project design, inadequate management, poor implementation, a culture that rewarded new loans and not effective management of existing programs, basically that the World Bank was broke, that the system of managing the operation of the World Bank was not working, and so, therefore, I came to the House floor with an amendment to eliminate all this increased funding for the World Bank.”