The U.S. Export-Import Bank could be eliminated
By Hicbd
Sun Jun 7 2020 4:11 pm
"The Export–Import Bank provides subsidized financing to foreign firms and governments for the purchase of American exports. When fully operational, the program primarily benefits very large corporations and puts unsubsidized American firms at a competitive disadvantage. Moreover, taxpayers are on the hook for any losses that the bank fails to cover with reserves."
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