SMRs and AMRs

Friday, March 14, 2014

Mutual Self-Interest May Help Advance Deal Allowing Aid to Ukraine

By JONATHAN WEISMAN, NYT
MARCH 13, 2014

WASHINGTON — Republican leaders have proposed giving the Obama administration the changes it badly wants for the International Monetary Fund in exchange for delaying regulations on tax-exempt political organizations, enraging some members of both parties who say they are holding urgent aid to Ukraine hostage for conservative donors like the Koch brothers.

But there is a twist: The White House may be amenable to the swap.

While the issues are entirely unrelated, mutual self-interest is at work. The White House wants something badly: an overhaul of the monetary fund’s governance structure that President Obama helped negotiate in 2010 that also would raise Ukraine’s borrowing limit at the lending institution.

To get it, the president needs to give Republicans something that they dearly desire, especially Senator Mitch McConnell of Kentucky, the Republican leader: a delay of Internal Revenue Service regulations that would more clearly define what kind of group can get tax-exempt status, and thus limit the activities of many political outfits that now can hide the names of their donors under the guise of so-called social welfare organizations.

(More here.)

1 Comments:

Blogger Minnesota Central said...

"You never let a serious crisis go to waste. And what I mean by that it's an opportunity to do things you think you could not do before." - Rahm Emanuel

BTW ... did you see that seven Members (5R 2D) voted against House Resolution 499 : Condemning the violation of Ukrainian sovereignty, independence, and territorial integrity by military forces of the Russian Federation ?

I guess some Members must think it's okay what Russia did.

7:50 AM  

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