Instead of letting the rhetoric run away with its common sense, Congress should take a long, hard look at the facts: The Ex-Im Bank supports U.S. jobs and investment by counteracting predatory foreign trade practices. It protects taxpayer money by running budget surpluses.
President Ronald Reagan saw the value of having an Ex-Im Bank, and we hope today’s Republicans feel the same way. Congress should reauthorize the bank and raise its lending limit, giving American small businesses the chance to take the reins and drive our economic recovery.
George Landrith is president of Frontiers of Freedom, a conservative think tank.