Tentative Deal Struck for Funding War

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There's word that top House and Senate Democrats have reached a tentative agreement on an almost $100 billion war funding bill.

The measure includes $76 billion for Pentagon operations. But the measure also contains a generous new line of credit for the International Monetary Fund.

The IMF funding is a top priority for President Barack Obama, who pledged the $100 billion line of credit at April's G-20 summit in London.

The actual U.S. costs for the IMF contribution are far less, since the U.S. government is given interest-bearing assets in return. The Congressional Budget Office estimate is $5 billion.

The IMF funding is sure to whip up opposition from conservative
House Republicans. It introduces at least some doubt about the final vote in the House since about 50 liberal Democrats oppose the war funding measure.


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