The Ex-Im Bank Is Dead (For Now)

“After 81 years of funneling taxpayer dollars to favored companies, projects, and geopolitical outcomes under the guise of advancing some vague conception of the ‘U.S. economic interest,’ the Export-Import Bank of the United States will end its financing operations at midnight tonight. Proponents of the Bank have been regrouping and strategizing to move legislation to reauthorize the Bank at the soonest possible chance. In fact the White House is hosting a conference call for the purpose of advancing that outcome. The battle may be over but the war continues.”

http://fee.org/anythingpeaceful/detail/the-ex-im-bank-is-dead-but-watch-out-for-subsidy-zombie

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