Republican Amendment Would Bar U.S. Bailouts of Foreign Nations
Thursday, May 13, 2010
By Susan Jones, Senior Editor

(CNSNews.com) – A growing number of Republicans say Americans have seen enough bailouts at home, and their tax dollars should not be going to rescue foreign governments.

Sen. John Cornyn (R-Texas) on Wednesday introduced an amendment to the financial regulatory reform bill that would bar American taxpayers from bailing out “irresponsibleâ€