By Timothy P. Carney | 08/13/14 01:42 PM
Being the chief export subsidizer in the country carries lots of responsibilities including, apparently, barnstorming the country to try and rally the businesses you subsidize to push lawmakers to keep the subsidies flowing. This ain't cheap.
By Timothy P. Carney | 08/12/14 08:41 PM
What if the other guys are mostly shooting their own soldiers in the back, and you are, too? Then laying down your weapon is the right strategy.
By Timothy P. Carney | 08/07/14 12:58 PM
Democrats all over the country are running in support of the Export-Import Bank, a government agency President Obama rightly called "little more than a fund for corporate welfare." (That was before he controlled it, of course.)
By Justin Green | 08/06/14 12:21 PM
Watch a congressman say harsh things on video.
By Timothy P. Carney | 08/05/14 08:16 PM
President Obama and his allies in the business lobby say they need export subsidies to compete with China's export subsidies. One problem with that argument: U.S. export programs directly subsidize China's export programs.
By Ed Sykes | 08/05/14 10:51 AM
General Electric CEO Jeff Immelt says it's time to stop vilifying the U.S. Export-Import Bank.
By Timothy P. Carney | 08/04/14 08:20 AM
It's called the political economy: Politicians use the taxpayer to subsidize businesses, and then they demand money from those businesses.
By Veronique de Rugy | 07/31/14 03:42 PM
The Export-Import Bank is allowed to prosper and grow because its costs are spread over millions while its benefits are jealously protected by its few clients.
By Timothy P. Carney | 07/29/14 04:24 PM
"This is so important," Sen. Maria Cantwell, D-Wash., said about reauthorizing the Export-Import Bank, "because 85,000 Washington state jobs hang in the balance. That is how many jobs have been supported here in the state by the Export-Import Bank.
By Timothy P. Carney | 07/29/14 03:29 PM
Defenders of the Export-Import Bank argue that the agency is profitable. This argument convinces some people to support (or at least tolerate) Ex-Im. It shouldn’t.
07/29/14 05:00 AM
WASHINGTON (AP) — Familiar with the Export-Import Bank? Most voters in Louisiana and Virginia probably aren't either. Yet Democratic Sens. Mary Landrieu and Mark Warner are building campaign events around the bank's proposed reauthorization. They portray it as a job creator that must be...
By Timothy P. Carney | 07/26/14 10:00 PM
Give the lady points for boldness: Sen. Kay Hagan is blasting her Republican opponent for "sid[ing] with the special interests" because he opposes a corporate welfare agency that gives most of its subsidies to Hagan's campaign contributors.
By Carla Kalogeridis | 07/24/14 03:15 PM
Depending on who you talk to, the Ex-Im Bank is either a financial support that U.S. exporters need to compete globally -- or government interference in the private-sector lending market, primarily helping big companies that don't need it.
By Betsy Woodruff | 07/18/14 05:11 PM
Rep. Justin Amash appears to be leading his primary by double digits, but that didn't keep the U.S. Chamber of Commerce from endorsing his challenger.
By Timothy P. Carney | 07/18/14 02:10 PM
Democratic Sen. Elizabeth Warren loves to shoot barbs at Wall Street. She also enjoys forcing taxpayers to absorb Wall Street's risks while the banks pocket the profits. Bloomberg reports Warren rebuffed overtures from the Heritage Foundation.
By Byron York | 08/18/14
By Justin Green | 08/19/14
By Washington Examiner | 08/17/14
By Mark Tapscott | 08/19/14
By Betsy Woodruff | 08/19/14