|McCain 'Embarrassed' GOP Fighting Defense Spending Cuts|
|by Tom McGregor||Thu, Mar 13, 2014, 08:33 PM|
Sen. John McCain (R.-Az.) is mad as hell and he ain't gonna take it anymore. He supports President Barack Obama's plan to dramatically reduce spending for missiles and weapons and divert those funds to the International Monetary Fund (IMF). He took to the Senate floor to inform his fellow GOP Senators that they are running on a "fool's errand" for fighting Defense spending cuts, amidst an ongoing crisis in the Ukraine that could potentially lead to World War III.
As reported by the Houston Chronicle, "According to Senate aides, Republicans object to the IMF reforms because they are partly paid for by taking money from accounts used to buy Army and Air Force aircraft and missiles. Republicans also argue the reforms would diminish U.S. influence, since they would let the U.S. shift billions from crisis IMF accounts to its general lending fund. For these reasons, many Republicans have come out in vehement opposition of the provision, arguing it could even empower Russia."
Republican Senators are suggesting that a stronger military can better protect American interests and their allies abroad.
According to the Houston Chronicle, "Unfortunately, the White House is taking advantage of this crisis by pushing for the Ukraine bill to include a controversial measure on International Monetary Fund reforms negotiated by the administration in 2010 that are wholly unrelated to the current crisis in Ukraine," Florida Sen. Marco Rubio said in a statement. "This legislation is supposed to be about assisting Ukraine and punishing Russia, and the IMF measure completely undercuts both of these goals by giving Putin's Russia something it wants."
The bill to support Ukraine aid is expected to go for a vote on the Senate floor on March 24.
To read the entire article from the Houston Chronicle, link here:
|< Prev||Next >|