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September 18, 2008
Coburn Opposes $7.5 Billion Bailout of Multilateral Banks
Holds S. 2166, the Jubilee Act for Responsible Lending and Expanded Debt Relief
Opposing a $1.13 billion foreign aid program and a $7.5 billion bailout of multilateral banks, such as the World Bank and the African Development Bank, for making bad loans to low-income countries, Sen. Coburn blocked the passage by unanimous consent of the Jubilee Act for Responsible Lending and Expanded Debt relief, S. 2166. To read more about Sen. Coburn's concerns with this bill, please see the letter below.
Related Resources:
Letters:
Sen. Coburn hold letter to Sen. McConnell - S. 2166, the Jubilee Act
(872.8 KBs)
Sep 18, 2008
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Senator Tom Coburn
Subcommittee on Federal Financial Management, Government Information, and International Security
340 Dirksen Senate Office Building Washington, DC 20510
Phone: 202-224-2254 Fax: 202-228-3796
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