The central objective of the 2007 Sabbath Year is a hearing in the House and Senate and, ultimately, passage of the Jubilee Act H.R.2634. This bill will cancel the debt of approximately 67 impoverished countries in the Global South.
On, Thursday, June 7, 2007, the Jubilee Act was introduced by Rep. Maxine Waters (D-CA) and Rep. Spencer Bachus (R-AL), the original introducers of the legislation in the last Congress.
The Jubilee Act: Cancels impoverished country debt; removes economic conditionalities from the cancellation process; mandates transparency and accountability from governments and international financial institutions; and moves forward with more responsible lending practices.
If you have not urged your member of Congress to sponsor the Jubilee Act H.R.2634, take two minutes and complete the easy online form to send an e-mail or fax to your representative.