I thank the chairman of our committee and the chairman of our subcommittee for making great points and for pushing forward this great legislation. The Members opposed to this legislation were for it before they were against it, as has been pointed out. But the other thing is the premise of the argument that is being made in opposition to this bill: that the United States should somehow give money, just spend the money, regardless of how poorly the World Bank will deploy this capital, regardless of whether they are effective or not in accomplishing the important mission of helping address poverty in some of the poorest nations in the world. The specific purpose of this fund is to address poverty, and it has not done a very good job of doing that. Frankly, they have abused the funds they have had. So the premise would be that somehow we can just spend the money and trust that somehow they are going to get better. Well, thankfully, when we were talking about it in committee and when we have talked about it on this side of the argument here--and I hope there is truly broad bipartisanship support for this bill to show to the American people we do expect a return on our dollars. We expect results for the money that comes to this body to spend on behalf of the United States of America.…
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