Republicans want an up-or-down vote on spending U.S. funds to aid financially strapped European

countries.

http://thehill.com/blogs/on-the-money/801-economy/99131-republicans-seek-up-or-down-vote-on-eu-bailout

House Republicans want an up-or-down vote on the European bailouts and put members on record as to whether they support spending U.S. dollars to aid financially strapped foreign countries. "I believe that would send a powerful message to President Obama that we cannot take this 'too big to fail' policy globally," said Rep. Cathy McMorris Rodgers (Wash.), vice chairwoman of the House Republican Conference. "The only thing that is too big to fail is America."

The vote would be non-binding and aimed specifically at U.S. involvement in the bailout of Greece and potentially other European nations. The United States is already on tap to pay roughly $7 billion of the $39 billion the International Monetary Fund (IMF) has pledged to help bail out Greece. The country will receive a total of $145 billion in loan guarantees from the IMF and the 15 countries that compose the European Union (EU).

Congress last year extended a $100 billion line of credit to the IMF, according to Sen. Jim DeMint (R-S.C.). Those funds can be used to bail out EU countries even if the House votes to oppose the move. "They have a line of credit right now," DeMint said. "We don't even have to approve anything for other countries of the world to draw from our treasury to bail out other countries around the world."

House Republicans have also devised the European Bailout Protection Act, a bill that prohibits any funds that have been drawn by the IMF from financing a European Union bailout until all EU nations are in compliance with their debt-to-GDP-ration requirement. It also requires the Treasury secretary to oppose any IMF loans until all EU countries abide by that ratio.

explain the money is in the IMF. We make a regular contribution
to IMf. The IMF puts all the money together. They are making
contribution to Greece as part of the get Greece out of the ditch
plan. A small percentage of the aid will include some American
.Dollars.

Are we cutting of our contributions to IMF?????

It is not like the Treasury Sec. is packing up a bundle of money
and saying "here you go--Eurozone. here you go Greece"

It appears at the moment this is another GOP tactic to indirectly
make Dems look bad. I find it difficult to believe we will not
fund the IMF. (As angry as even I can get with this Organization.

when they think something is to THEIR advantage they want and up or down vote. But when it is for the American people they want to filibuster and stop it.

providing more money for the unemployed in this country?

Something is seriously fucked up here.