In June of this year, after 81 years of doling out taxpayer-funded welfare for mega-corporations, the American people said enough and Congress let the Export-Import Bank expire. Yet today, through a little-known and little-used legislative maneuver being used to circumvent the will of the American people, they are resurrecting this fund for corporate welfare.
Scott Garrett: “In June of this year, after 81 years of doling out taxpayer-funded welfare for mega-corporations, the American people…”
Editor's note · Context
Garrett criticized the Export-Import Bank's reauthorization, calling it corporate welfare.
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Do you see a need to benefit the Goldman Sachs CEOs of the world and pay them more than the small, local banks on Main Street where my constituents have to invest their money?
For the sake of the American taxpayer and preservation of the free enterprise system, Congress should put the Export-Import Bank out of business.
Far too often during the span of this Administration, it appears that supposedly independent regulators use their position to carry out heavy-handed partisan political attacks.
Not only do I find that appalling, but obviously from a bipartisan perspective, members from both sides of the aisle find it appalling that more information does not come out and the transcripts do not come out.





