Rep. Cathy McMorris Rodgers (R-Wash.): Let Europe pay for its debt crisis
As seen on: thehill.com
A leading House Republican wants Europeans to be solely responsible for climbing out of the European debt crisis and is calling on the U.S. to limit its contribution to that relief effort.
Rep. Cathy McMorris Rodgers (R-Wash.) said Monday that the United States should be focusing on its own fiscal priorities and not sending billions abroad to prop up European nations via its contributions to the International Monetary Fund (IMF).
“At a time when the federal government is borrowing $5 billion every day on top of a $14 trillion national debt, we should not be funneling billions of dollars through the IMF to bail out Greece, Portugal, Ireland, and other wealthy European countries. The European Union was set up to be an economic competitor to the United States, and therefore, any bailout funds should come from the E.U., not the U.S,” she said in a statement. “We cannot take the ‘too big to fail’ philosophy to a global level.”
About HeatherWolf
I am angered that Americans, through our federal government, will be using our taxes to bail out socialist countries in Europe. Congress (past and present) never asked if we should be reliant on each other to sustain our economies. Since when did elected officials get the idea they were brighter, smarter than the ordinary American?
We need to put the priorities of America and it’s people first. Those countries that practice excessive spending should survive or fail on their own.