Jubilee in the House!

The Jubilee Act just passed the House 285-132.

The bill was introduced in the House by Rep. Maxine Waters (D-CA) and Rep. Spencer Bachus (R-AL) in June 2007 and would push for an international agreement to write off United States’ loans to qualified countries and urge the U.S. to work with other rich nations to do the same.

The money poor countries would have had to pay to debt would be directed to infrastructure development, education and health care, among other improvements.

Next step - a Senate vote.