Beltway Confidential

Democrats approve platform defending ‘bank of Boeing’

By Timothy P. Carney
Published July 25, 2016 11:10pm ET
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Democrats approve platform defending ‘bank of Boeing’
Generally, about 40 percent of Ex-Im financing subsidizes Boeing exports. (Mike Kane/Bloomberg) | Mike Kane

PHILADELPHIA — Democrats on Monday night approved a party platform that includes an unprecedented celebration of a federal agency that exists mostly to subsidize large banks and large manufacturers, primarily Boeing.

The platform reads:

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Boeing Commentary Democratic National Convention Democratic Party Minusextra Timothy P. Carney