[Congressional Record (Bound Edition), Volume 157 (2011), Part 14]
[House]
[Pages 19838-19839]
[From the U.S. Government Publishing Office, www.gpo.gov]




                 BLOCK THE IMF FROM BAILING OUT EUROPE

  (Mr. BUCHANAN asked and was given permission to address the House for 
1 minute.)
  Mr. BUCHANAN. Mr. Speaker, America is drowning in a sea of debt. But 
instead of addressing our own financial problems here at home, there is 
talk of another bailout--not for America, but for Europe.
  Recent reports indicate that the International Monetary Fund, of 
which

[[Page 19839]]

the U.S. is the leading contributor, may intervene to bail out failing 
European countries.
  Washington needs to be focusing on policies that grow the U.S. 
economy and create jobs here, not shipping hard-earned tax dollars 
overseas. For this reason, I have cosponsored legislation to block the 
IMF from sending $108 billion in U.S. funds for a European bailout. I 
urge my colleagues in Congress to join me in this effort. Taxpayer 
dollars should not be used to bail out Europe. We need to take care of 
America first.

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