Via Heritage Action: Background: In 2012, legislation to reauthorize and increase Ex-Im’s lending authority by 40 percent, from $100 billion to $140 billion, passed in the House and Senate. With its charter set to expire at the end of September, a bipartisan coalition is advocating for another reauthorization. If it is not reauthorized, the bank will be unable to offer new loans, effectively grinding it to a halt and preventing it from distributing subsidies to new constituencies.
The Export-Import Bank: Just the Facts
The Export-Import Bank: Just the Facts
The Export-Import Bank: Just the Facts
Via Heritage Action: Background: In 2012, legislation to reauthorize and increase Ex-Im’s lending authority by 40 percent, from $100 billion to $140 billion, passed in the House and Senate. With its charter set to expire at the end of September, a bipartisan coalition is advocating for another reauthorization. If it is not reauthorized, the bank will be unable to offer new loans, effectively grinding it to a halt and preventing it from distributing subsidies to new constituencies.