Kirk calls for halting financial bailout he backed
SPRINGFIELD -- Senate candidate Mark Kirk wants to bring an early end to the government bailout of banks and automakers, a program he originally supported.
The Republican says the Troubled Asset Relief Program is no longer needed. Kirk says the government would save $16 billion by halting TARP immediately.
Even if no action is taken, the TARP program is supposed to stop accepting new projects next month.
Kirk, a five-term congressman, supported the program when the U.S. House voted on it two years ago.
In a speech Monday, Kirk said it was needed then but now he doesn't want to "spend more money that we do not have."
Democrat Alexi Giannoulias accuses Kirk of flip-flopping on the bailout.
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked.
If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.