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Corporate welfare debate hits the Senate floor as Pat Toomey knocks the Export-Import Bank

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The battle over the Export-Import Bank has been joined. Sen. Pat Toomey, R-Pa., of the Banking Committee took to the Senate floor today to critique the federal agency, which subsidizes U.S. exports by backstopping private bank loans to foreign companies and governments. Toomey's speech comes on the occasion of a nomination for the Ex-Im Board and it follows yesterday's rally House Democrats...

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