May 23, 1995 CONGRESSIONAL RECORD — HOUSE H 5385

restore funding for student financial

aid.

THE AMERICAN OVERSEAS INTERESTS ACT IS GOOD LEGISLATION

f(Mr. WELLER asked and was given

permission to address the House for 1

minute and to revise and extend his remarks.)

Mr. WELLER. Mr. Speaker, on November 8, this Congress heard a message pretty loud and clear, that it is

time to eliminate and streamline the

bureaucracy, to pass a budget for the

first time in 28 years where we live

within our means, and to cut foreign

aid.

On May 15, the Committee on International Relations passed the American Overseas Interests Act legislation

to meet that commitment. In fact, this

legislation represents six major

changes from business as usual. It reduces unnecessary bureaucracy by folding three independent agencies into the

State Department. Their functions and

budgets will be reduced and folded into

the State Department, which will take

over their responsibilities.

This legislation will eliminate several low-priority programs, and reduce

U.S. funding for a dozen international

agencies. The bill also follows through

on our commitment to cut foreign aid.

In fact, over the next 7 years this legislation will cut foreign aid by $21 billion

as part of our commitment to live

within our means.

Legislation will also punish our adversaries and focus on vital U.S. interests. This is good legislation, Mr.

Speaker. The American Overseas Interests Act keeps our commitment to

eliminate and streamline the bureaucracy, to cut foreign aid, and to pass a

balanced budget.

CONGRESS MUST PROVIDE OVERSIGHT OF FEDERAL AGENCIES

f(Mr. TRAFICANT asked and was

given permission to address the House

for 1 minute and to revise and extend

his remarks.)

Mr. TRAFICANT. Mr. Speaker, since

Oklahoma City, many politicians are

choosing their words very carefully,

many times afraid to say what they

really feel. The truth is, Mr. Speaker,

many Americans are fed up with the

Government. They are sick and tired,

to be exact. They are beginning to

question the news stories and the Government spin.

Most Americans did not believe all

the stories about the assassination of

JFK. Many Americans do not believe

the Government’s account of Waco.

Many Americans do not believe what

happened in Ruby Ridge with the Weaver family. Many Americans still have

questions about the Government’s side

of PanAmerican 103.

The truth is, Mr. Speaker, Congress

had better take its head out of the

sand, because Congress has allowed

agencies like ATF and the IRS to rip

off the American people. They know it

and they do feel abandoned. If the Congress does not provide the oversight

that is necessary, the American people

will.

We cannot justify nor condone violence, do not get me wrong. However,

Congress has allowed these agencies to

go without oversight, and the American people are fed up. Take a look at

it and read the tea leaves.

REMOVING IN-SCHOOL INTEREST

SUBSIDY ON STUDENT LOANS

fSEEN AS FAIR AND NECESSARY

(Mr. KNOLLENBERG asked and was

given permission to address the House

for 1 minute and to revise and extend

his remarks.)

Mr. KNOLLENBERG. Mr. Speaker,

removing the in-school interest subsidy

on student loans is one of the tough

choices that must be made in order to

balance the budget.

With a national debt that exceeds

$4.7 trillion, it is hard to justify saving

a subsidy for students who can expect

to earn 71 percent more over their lifetime than someone who just goes to

high school.

It is simply not fair to ask working

Americans—who are struggling to

make ends meet—to pay the interest

payments on the student loans of future doctors and lawyers.

Removing the in-school interest subsidy will not limit access to Government-backed student loans. Eligible

students will still be able to borrow

money to help pay for their education.

And, no student will be asked to pay

for their loans while they are in school.

We are simply asking that they pay the

full cost of the loan—after they graduate.

Finally, we must keep in mind that

college students will substantially benefit from a balanced budget. Balancing

the budget will lower interest rates on

student loans, result in more highwage jobs, and allow students to keep

more of their salaries once they begin

working.

Mr. Speaker, removing the in-school

interest subsidy is both fair and necessary. And, it is time to start telling

the truth about this proposal.

THE PUBLIC AND THE HOUSE DESERVE AN OUTSIDE COUNSEL TO

fINVESTIGATE ALLEGATIONS

AGAINST SPEAKER GINGRICH

(Mr. MILLER of California asked and

was given permission to address the

House for 1 minute and to revise and

extend his remarks.

Mr. MILLER of California. Mr.

Speaker, the Washington Post reports

that apparently in the consideration of

the ethics case against the Speaker,

the gentleman from Georgia [Mr. GINGRICH], that the committee has arrived

at a deadlock on whether or not to turn

the case over to an outside independent

counsel to study the facts and render a

finding to the committee. Apparently

the five Republican Members of the

committee, according to the Washington Post, voted against doing that.

When they did that, they broke a 15-

year bipartisan tradition in this House

of taking the tough ethics cases that

have unfortunately, from time to time,

been referred to the committee, and

turning them over to an outside counsel, so we can get a full rendering of all

of the facts and all of the issues before

the Ethics Committee in an impartial

fashion. That has been done on a bipartisan basis since 1979.

Now we find, in the case involving

the Speaker, that that apparently will

not be the case. The chairman and others will not vote. I think it is important to understand that the Republican

Members of the Congress have an ongoing relationship with the Speaker of

the House. They have contributed to

his campaign, he has contributed to

theirs. They have campaigned for him,

he has campaigned for them. They have

been the recipients of moneys that

have been commingled and intermingled.

These charges are serious. The public

deserves better. The House of Representatives deserves better. We deserve an outside counsel.

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THE NEW MAJORITY

(Mr. HAYWORTH asked and was

given permission to address the House

for 1 minute and to revise and extend

his remarks.)

Mr. HAYWORTH. Mr. Speaker, I will

lay aside my prepared remarks this

morning to answer my good friend the

gentleman from California.

It never ceases to amaze me how the

guardians of the old order who were

here as part of an incredible corrupt regime during the former majority are so

willing to hop on the Speaker and his

positive agenda for change.

With all due respect to my friends on

the other side of the aisle, why do you

not join with us to put your shoulder

to the wheel and govern this Nation?

We have the majority. Get over it.

Mr. Speaker, I yield back the balance

of my time.

JUSTICE DELAYED IS JUSTICE

fDENIED

(Mr. DOGGETT asked and was given

permission to address the House for 1

minute.)

Mr. DOGGETT. Mr. Speaker, Americans across this great land know the

old concept, the concept of the old

order that ought to be the concept of

the new order as well, ‘‘Justice delayed

is justice denied.’’

We know full well that justice is

being denied and delayed again and

again. We were told that it was inappropriate to consider the charges

against the Speaker until the contract

was passed. And then when the contract was passed, we were told it was