by Jane Richey | May 16, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The Senate passed legislation reauthorizing the Export-Import Bank on Tuesday after voting down five amendments that would have limited the program’s scope and power. The passage of the bill, in a 78-20 vote, sends the legislation to President Obama, who is...
by Jane Richey | May 9, 2012 | Constitutionally Limited Goverment, Free Markets
The House on Wednesday passed a reauthorization of the Export-Import Bank, 330-93, despite strong resistance from conservative lawmakers. Not one Democrat opposed the bill, while 93 Republicans rejected it, including members of the GOP leadership team. The legislation...
by Jane Richey | Mar 19, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The Export-Import Bank (Ex-Im) was first created in 1943, this obscure government agency backs the purchase of American-made goods oversees with loans backed by the full faith and credit of the United States. The bank’s renewable charter first expired in September of...