June 18, 2012

Romney Wouldn’t Bail Out European Economy

“Mitt Romney said on Sunday that the U.S. should not take any steps to ‘bail out’ the European economy, and that he hopes whatever happens there, ‘our banking sector is able to weather the storm.’”
His comments on CBS’s Face the Nation addressed many Americans' fear of the European financial crisis carrying over into the U.S. economy. Romney also asserted, “We’re [U.S.] not going to send checks to Europe. We’re not going to bail out the European banks. We’re going to be poised here to support our economy.”