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H.R. 3692, The Social Investment and Economic Development for the Americas Act of 2007
- This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Version saved on October 10, 2007, 18:39:11, by webmaster:
H.R. 3692 would authorize the establishment of a Social Investment and Economic Development Fund for the Americas to provide assistance to reduce poverty, expand the middle class, and foster increased economic opportunity in the countries of the Western Hemisphere.
Detailed Summary
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Status of the Legislation
Latest Major Action: 9/27/2007: Referred to House committee. Status: Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Points in Favor
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Points Against
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Visitor Comments
C. A. Stokes
October 3, 2007, 12:35am (report abuse)This bill commits 1.25 Billion dollars to develop Latin American countries over 10 years. Let's not spend it. How about reducing debt;
or spending it to help native Americans.