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.
Vice President Joe Biden waits to conduct a mock swearing-in ceremony with Sen. Brian Schatz, D-Hawaii, in the Capitol's Old Senate Chamber, December 2, 2014. Schatz was sworn in to serve the remainder of his term since he was appointed to the seat after Sen. Daniel Inouye, D-Hawaii, passed away.