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Export-Import Bank defends support for private aircraft

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The Obama administration recently announced that it reached its goal of $1 billion in Export-Import Bank loans and loan guarantees. My column today discusses these subsidies in the context of Ex-Im's upcoming reauthorization and in context of President Obama's regular attacks on corporate jet "tax breaks." Below is Ex-Im's response: First of all, Ex-Im Bank does not offer tax breaks, and we do...

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