Donald Trump, during the last presidential election, said the Export-Import Bank, which subsidizes foreign buyers of U.S. goods, shouldnât exist. Hillary Clinton said she wanted to put the Ex-Im Bank âon steroids.â
Trump was correct, and he won. Yet two proposals before the House of Representatives this week would put the Ex-Im Bank on steroids. Republicans and Democrats alike should reject both of these bills, which are aimed at stripping away accountability for a government agency that peddles corporate welfare and enriches Chinaâs government.
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