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“CONFERENCE REPORT ON S. 641, RYAN WHITE CARE ACT AMENDMENTS OF 1996” mentioning the Federal Reserve System was published in the Extensions of Remarks section on pages E719-E720 on May 7, 1996.
The publication is reproduced in full below:
CONFERENCE REPORT ON S. 641, RYAN WHITE CARE ACT AMENDMENTS OF 1996
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speech of
HON. JIM KOLBE
of arizona
in the house of representatives
Wednesday, May 1, 1996
Mr. KOLBE. Mr. Speaker, I join my fellow colleagues today in support of the Ryan White CARE Act conference report. Additionally, I would like to extend my appreciation to the conference team, chairmen Bliley and Dingell, and subchairmen Bilirakis and Waxman for all their hard work to see this legislation through fruition.
I also come forward today for the thousands of men, women, and children whose lives depend on the continuation of the services provided under the Ryan White CARE Act. This legislation is essential to the AIDS community. Ryan White CARE provides people living with AIDS a tool to obtain emergency care services. Ryan White CARE gives the support needed to provide AIDS patients to live their lives to its fullest potential.
Specifically, this bill requires recipients of CARE grants to utilize a portion of their funds to provide health services to women, infants, and children. This bill aims to serve all individuals infected with the AIDS virus, but acknowledges the growing number of infants and children infected with the virus. With advancements in research to deter the virus in infants, the bill targets our future--our children.
The reauthorization of the Ryan White CARE Act sends another important message. We have worked in a bipartisan manner to ensure passage of this essential legislation. This legislation is an act of simple compassion and humanity that anyone and everyone can support.
I have been a supporter of the Ryan White CARE Act since its inception, and I hope that future Congress will continue to promote its services in future Congresses. Mr. Speaker, I urge my colleagues to vote in support of the reauthorization of the Ryan White CARE Act.
CONGRATULATING BRYAN HIGH SCHOOL ON WINNING THE FED CHALLENGE 1996
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HON. JACK FIELDS
of texas
in the house of representatives
Tuesday, May 7, 1996
Mr. FIELDS of Texas. Mr. Speaker, at a time when the administration and Congress struggle to fashion a budget that will be in the long-term best interest of our Nation's economy, perhaps we should solicit advice from high school students--specifically, those high school students who participated in the Federal Reserve Board's Fed Challenge 1996 competition.
The Fed Challenge 1996 competition provides talented high school students an opportunity to research and analyze data on the Nation's economy, make educated assumptions about future economic trends, and then recommend to the Federal Reserve specific monetary policies that the students believe will help our Nation's economy and improve the well-being of the American people.
In am proud that a five-member team from Bryan High School in Bryan, TX, recently won the Fed Challenge 1996. Under the guidance of American history teacher Janyce Kinley and economics teacher Laura Wagner, five Bryan High School students wowed a panel of judges that include two Federal Reserve Bank presidents and a member of the Federal Reserve Board of Governors to win this very difficult competition. I have not doubt that those of us in the Congress could benefit from the insightful analysis of Bryan High School students Chris Dyer, Michael Schlabach, Brian Swick, Sarah Novak, and Sarah Stansy--as well as all the students who participated in the Fed Challenge 1996 contest in the 1st, 2nd, 5th and 11th Federal Reserve Districts.
Working closely with Timothy Hopper, an economist in the Houston office of the Dallas Federal Reserve, and Wayne Hast of the Dallas Federal Reserve, students at Bryan High School answered one basic question: ``If you served on the Federal Open Market Committee, what monetary policy would you recommend?'' In order to answer that question, the students at Bryan High School--and at each of the other high schools around the country who participated in the Challenge--
described the current condition of our Nation's economy, made educated assumption about future economic trends, and summarized financial market conditions before making their recommendations. Following each presentation, the panel of judges asked followup questions of the students.
By all accounts, each of the four high school teams that made presentations in Washington greatly impressed the judges. One Federal Reserve official with whom I spoke described the Bryan High School team's presentation as breathtaking.
I've had the opportunity to question Federal Reserve Board Chairman Alan Greenspan on more than one occasion, and I'm a little disappointed that my comments and questions have never been characterized as breathtaking!
I want to commend the Federal Reserve Bank of New York, which, as a pilot program, sponsored a similar, but local, competition last year. And I want to commend the Federal Reserve System for expanding on this great idea that encourages young people to learn more about the Nation's economy and the impact of monetary policy on the American people. I also want to encourage more Federal Reserve Banks, and more high schools, to participate on this superb competition.
Most of all, I want to congratulate Chris Dyer, Michael Schlabach, Brian Swick, Sarah Novak, Sarah Stansy, Janyce Kinley, Laura Wagner, Timothy Hopper, and Wayne Hast--and all the other students and advisors who helped out in the Fed Challenge 1996--for the outstanding effort they made as a team on behalf of Bryan High School. They remind all of us of the importance of learning more about our economy, and they remind us that anything is possible through hard work, dedication and teamwork.
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