22 U.S. Code § 5324 - Statement of policy
Statement of policyIt is the policy of the United States that—
it is necessary to broaden the range of options in dealing with the debt problem to include improved mechanisms to restructure existing debt;
active consideration of a new multilateral authority to improve the management of the debt problem and to share the burdens of adjustment more equitably must be undertaken; and
countries with strong current account surpluses bear a major responsibility for providing the financial resources needed for growth in the developing world.