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Congresswoman: International Bailouts Will Begin With Greece

Rep. Cathy McMorris Rodgers (R-WA) was on CNBC this morning to argue against bailing out Greece. "Italy, Spain, Portugal. Greece is generous in spending on benefits," she said. However, CNBC's Mark Haines defends the IMF bailout of Greece. "Why is that a problem with you, to help a competitor?," Haines asks during the discussion. "This is not a deal that American taxpayers should support," the Congresswoman responded. "We are following down the path of Greece," the Congresswoman warns.

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