Tea Party Movement

Revive Export-Import Bank

Revive Export-Import Bank

What independent agency has supported millions of jobs, enjoyed support from Republican and Democrat presidents alike over its 81-year history and doesn't cost taxpayers a dime, actually earning billions of dollars in revenue for the U.S. Treasury? The answer is the U.S. Export-Import Bank, a little-known entity that has stepped into the spotlight this week. Even the most ardent newswatchers may have been caught off guard this past weekend when the reauthorization of the Export-Import Bank caused a heated debate in the U.S. Senate. Sen. Ted Cruz called Senate Majority Leader Mitch McConnell a liar for bringing the matter to a vote — as an amendment to a long-term...