Monday, November 29, 2010

Congress Must Veto Taxpayer Bailout of Ireland | FreedomWorks

Congress Must Veto Taxpayer Bailout of Ireland | FreedomWorks: "CONGRESS MUST VETO TAXPAYER BAILOUT OF IRELAND
By Julie Borowski on Nov 29, 2010
Last week, the International Monetary Fund (IMF) announced plans to bailout Ireland. Since U.S. taxpayers pay 17 percent of the IMF’s funding, we are the world’s largest contributors. This means that American taxpayers will be on the hook again for billions of dollars to prop up failed economic policies overseas. With the largest share of voting power, the U.S. government has the authority to veto any IMF bailout. For the sake of American taxpayers, Congress should reject any effort to bailout profligate European countries."

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