the reason that I keep hearing over and over as to why the American taxpayer needs to give an additional $10 billion to Iraq in foreign aid cash is that when Saddam Hussein was in power, he accumulated approximately $130 billion in debt primarily owed to France and Germany. So if we put that additional $10 billion in loans on top of the $130 billion, then it is going to make it more difficult to pay back France and Germany. In other words, the American taxpayer needs to give cash in its foreign aid so that Iraq can save its oil revenue to pay back France and Germany. If you agree with that rationale, you should vote ``no'' on this motion to recommit. But if you think this $10 billion should be paid back to America to build schools, roads and bridges in this country, then vote ``yes'' on the motion to recommit.
Mark Gordon: “the reason that I keep hearing over and over as to why the American taxpayer needs to give an additional $10 billion to…”
Editor's note · Context
Debating the allocation of foreign aid to Iraq and its implications for American taxpayers.
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