1. Short title This Act may be cited as the Economic Growth and Development Act . 2. Sense of Congress on United States development assistance It is the sense of Congress that— (1) United States development assistance— (A) is most effective in countries with governments that demonstrate a commitment to the rule of law, human rights, investing in their own people, combating corruption, and creating a policy environment and legal framework that enables trade, investment, and enduring economic growth; (B) is most likely to produce sustainable results when it aligns with the development priorities of the recipient country, creates opportunities for growth lead by the private sector, and complements rather than replacing government investments in priority sectors through a transparent and accountable system of domestic resource mobilization; (C) should be guided by a unified strategy, ambitious targets, and robust monitoring and evaluation to ensure that it is efficient, effective, and results-oriented; (D) should be targeted in recipient countries in a manner that— (i) advances the rule of law; (ii) builds and strengthens civic institutions and trade capacity; (iii) addresses binding constraints to market-based economic growth; (iv) catalyzes private sector investment in key development areas, such as utilities, infrastructure, agriculture, health, and education; (v) promotes transparency and accountability among donors, governments, and citizens; and (vi) places recipient countries on a trajectory toward graduation from foreign assistance; and (E) should prioritize and better coordinate resources that support enhanced trade capacity and facilitate fairer and more sustainable trade with partner countries