Cantor Heightens Charges Against Pelosi Over IMF Funding

Posted June 4, 2009 at 2:50pm

House Minority Whip Eric Cantor (R-Va.) is doubling down on his charge that $108 billion in proposed loans to the International Monetary Fund could aid terrorists.Speaker Nancy Pelosi (D-Calif.) earlier Thursday called the charge a “scare tactic.— House Financial Services Chairman Barney Frank (D-Mass.) also called Cantor’s charge “demagogic.—To back up his claim on terrorist funding, Cantor referred to a letter by Rep. Brad Sherman (D-Calif.) warning that Hezbollah is seeking IMF funding if it wins elections in Lebanon. Sherman is seeking to restrict the funding to prevent that from happening. “Once again, it looks like Speaker Pelosi and Barney Frank might have to go back and check their facts,— Cantor said in a statement. “Borrowing money from China for a global bailout of the IMF makes no sense, particularly when China itself has not made the same commitment. Not only does the Speaker’s Democrat colleague Brad Sherman acknowledge that these dollars could fall into the hands of terrorists, but the New York Times reported that Hezbollah is talking to the IMF about financial support. … The truth is that Democrats currently don’t have the support needed to pass this bill, which is why it has been delayed.—Democrats pulled the supplemental bill from the calendar this week with the dispute over the IMF and language on Guantánamo Bay detainees unresolved.