H.Con.Res. 55

Disapproving of the participation of the United States in the provision by the International Monetary Fund of a multibillion dollar funding package for the European Union, until the member states of the European Union comply with the economic requirements of membership in the European Union.

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IV

112th CONGRESS

1st Session

H. CON. RES. 55

IN THE HOUSE OF REPRESENTATIVES

May 25, 2011

Mrs. McMorris Rodgers submitted the following concurrent resolution; which was referred to the Committee on Financial Services

CONCURRENT RESOLUTION

Disapproving of the participation of the United States in the provision by the International Monetary Fund of a multibillion dollar funding package for the European Union, until the member states of the European Union comply with the economic requirements of membership in the European Union.

That the Congress disapproves of the participation of the United States in the provision by the International Monetary Fund of a multibillion dollar funding package to the European Union, until each member state of the European Union demonstrate compliance with the economic requirements of membership in the European Union, including limiting the deficit of the member state to 3 percent of the gross domestic product of the member state and limiting the total public debt of the member state to 60 percent of the gross domestic product of the member state.