Your Tax $$$ Going To Terrorists…
Jun 10, 2009 4 Comments ›› Erik Wong
Eric Cantor
Eric Cantor and House Republicans quietly wage war with congressional Democrats over a war supplemental provision that could put billions of American taxpayer dollars in the hands of terrorists worldwide
House Republican Whip Eric Cantor has been ruffling feathers on the House floor over the past few weeks, most recently going toe-to-toe with House No. 2 Steny Hoyer about the ultimate destination of taxpayer money earmarked for the International Monetary Fund in the war supplemental currently before Congress.
The first draft of the spending bill passed the House last month but, since then, the Senate added an additional $8 billion in United States’ funding and a brand-spanking-new $100 billion emergency line of credit for the IMF. House Republicans have balked at the idea, and the vote on this incarnation of the war supplemental has been delayed.
House Minority Leader John Boehner was reported as saying that the plan was “lunacy,” and that America should not be providing the institution with $108 billion inevitably borrowed from the Chinese, and for which “our kids and grandkids” are on the hook to repay. Cantor has reportedly taken it a bit further, pointing out that even The New York Times on May 27, 2009 noted that terrorist group Hezbollah had been involved in talks with the IMF, hoping to obtain a line of credit. Because the final recipients of American taxpayer money used to fund the IMF by means of the war supplemental could be regimes in Iran, Syria and beyond, Cantor argued, providing such funding could lead to the United States funding terrorism across the globe, an idea which would be “a complete affront to our troops combating terrorism across the globe.”
House Speaker Nancy Pelosi dismissed Cantor’s argument as a “scare tactic,” defending the IMF as a “very important national security initiative” and a “force for alleviating the fury of despair among people, poor people, throughout the world.”
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