Tancredo Demands ‘Bailout’ Provisions that Bar Handouts to Illegal Aliens
Thursday, 25 September 2008

Asks leadership to prevent illegal aliens from obtaining federally backed loans

WASHINGTON, DC – U.S. Rep. Tom Tancredo (R-Littleton) asked Congressional leadership to include safeguards in the bailout plan to verify the legal residency and identity of potential homebuyers to ensure that illegal aliens are not obtaining federally backed home loans – and that taxpayers are not absorbing the debts of illegal aliens, or bad loans made by banks to illegal aliens.
In a letter Tancredo asked his Congressional colleagues to oppose any package that lacks such safeguards.

A copy of the letter is below:

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Dear Colleague,

In the midst of the turmoil in our financial markets, we should take pause to reflect on the lessons we have learned in the past few years. With the benefits of that wisdom, we can include the prudent provisions that will close loopholes in any potential “bailoutâ€