U.S. tab for European bailout hits $20 billion—and counting

Published March 16, 2012 4:00am ET



Yesterday, the International Monetary Fund (IMF) approved a whopping $36.7 billion bailout of the banks that are owed money by the government of Greece.

Shockingly, U.S. taxpayers are on the hook for approximately $7.5 billion of the total.

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