9/21/2008
Kirk to Offer Amendments to Bipartisan Bailout Bill
NORTHBROOK, ILL. - U.S. Rep. Mark Kirk (R-Ill.) announced today his intention to offer amendments to the bipartisan bailout bill that will grant Treasury Secretary Paulson the authority to terminate senior officers of any entity seeking a bailout from the taxpayer. Kirk also will offer a second amendment to ensure that no taxpayer dollars can be used for executive compensation or a golden parachute for any senior officer of a company that received credit or direct assistance under the bipartisan bailout bill.
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