More On Why We Shouldn't Bail Out Europe

Jillian Bandes
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Posted: May 12, 2010 7:19 AM
Sen. Jim DeMint already penned his editorial on how the European bailout was going to be funded by U.S. taxpayers. Now, Reps. Mike Pence and Cathy McMorris Rodgers are chiming in with their own piece, published yesterday in the New York Post. They make a great point:

New Jersey faces a fiscal crisis, and Gov. Chris Christie is making tough choices without raising taxes or requesting aid from Washington, DC. If America isn't asking Europe for help with New Jersey, why should the EU ask the US for help with Greece?

The IMF executive board is scheduled to meet tomorrow to approve the bailout funding. We are urging the administration to use its seat on the IMF board to call for a formal vote and to oppose this bailout.