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Adam
Smith recently signed a letter calling for a $200 million appropriation for microenterprise programs in FY 2005, similar to
last year's budget request. Microenterprise loan programs, which empower the world's poorest to start and expand their own
small businesses through small loans, have become one of the most effective foreign aid tools.
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Adam
Smith recently voted in favor of a resolution adopted by the House of Representatives expressing support for Israeli
Prime Minister Ariel Sharon's plan for unilaterallly pulling out of the Gaza Strip and parts of the West Bank. The resolution
also supports continuing efforts with the international community to build the capacity and will of Palestinian institutions
to fight terrorism, dismantle terrorist organizations, and prevent the areas from which Israel has withdrawn from posing a threat
to the security of Isreal.
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Adam
Smith was part of a handpicked group of high-ranking government
officials to examine the complexity and difficulty involved
in responding to a series of escalating crises on the
Korean Peninsula at a time of ongoing military operations
and overseas deployment of U.S. forces.
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Adam
Smith stated in a foreign policy speech that "We are at war with Al Qaeda and we must fight terrorism throughout the globe and here at home.
We must deal with the threat of failed states. We must promote economic engagement throughout the world. Diseases like AIDS,
malaria and tuberculosis are enormous challenges to stability and economic growth in developing nations."
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Adam
Smith traveled to Honduras to study the impact of sustainable development on that country and the rest of
Central America.
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Adam
Smith has called for a delay to some aspects of the tax cuts proposed by the Bush Administration to pay for
costs associated with the ongoing War on Terrorism in Iraq and Afghanistan.
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Adam
Smith has consistently supported keeping our commitment
to the United Nations
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Adam
Smith has been a strong supporter of bringing developing
countries into the global economy through increased trade
with the United States, such as by extending permanent
Normal Trade Relations with China and the trade agreement
with Sub-Saharan Africa and the Carribean nations.
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Adam
Smith meets with key representatives of the Puget Sound
trade community through his Trade Advisory Council regularly.
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