Euro program at IMF could spread rescue risk worldwide

The Obama administration has been adamant that Europe can afford to resolve its financial crisis on its own, and that U.S. taxpayers and others outside the region should not foot the bill for any expanded bailout effort.

But a developing plan for Europe to funnel rescue funds through a series of loans to the International Monetary Fund could leave the United States and other IMF members holding the bag.

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Source: http://feeds.washingtonpost.com/click.phdo?i=faf5006ef963346c4e9751e711200dbe

Carl Levin Jim Inhofe Herb Kohl Pat Roberts Barbara Mikulski John McCain