Sen. Ted Cruz, R-Texas, and Sen. Rand Paul, R-Ky., will work to - TopicsExpress



          

Sen. Ted Cruz, R-Texas, and Sen. Rand Paul, R-Ky., will work to block a $1 billion Ukraine aid package unless Senate Majority Harry Reid, D-Nev., strips out a controversial measure funding the International Monetary Fund. As we understand it, this reform would double the funds the IMF can loan, involving a doubling of the United States contribution from its current level of $63 billion, while simultaneously reducing U.S. influence over how these funds are directed -- and increasing that of Russia, they wrote to Reid in a March 13 letter released late Friday. Regardless of the magnitude of this change, this idea is antithetical to the driving purpose of the underlying legislation. Thoughts?
Posted on: Sat, 22 Mar 2014 16:59:11 +0000

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