C4L: GOP May Allow Extension of Ex-Im Bank

September 10, 2014 – Norm Singleton,14778341622_fafeb7b832_z vice president of policy for Campaign for Liberty, reports that the Congress has released its continuing resolution, which funds the government through its lame-duck session. The resolution, to be voted on tomorrow, includes an extension of the Export-Import Bank through next June.

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This lengthy extension of Ex-Im Bank suggests that the GOP leadership has no interest in fighting to shut down this poster child for corporate welfare and cronyism. Pushing the extension past the lame duck and not tying it to government funding takes away the strongest leverage foes of Ex-Im have to force the corporatists in both parties to let Ex-Im expire. Remember, Congress literally has to do nothing to end Ex-Im.

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