Freedom Partners: Statement On Back-Door Efforts To Revive Corporate Welfare At The Ex-Im Bank

Arlington, VA — Freedom Partners Chamber of Commerce strongly opposes efforts to use a must-pass continuing resolution to revive millions of dollars in corporate welfare through the U.S. Export-Import Bank. Reports indicate that talks over a continuing resolution have stalled due to efforts to attach legislative language to alter the Ex-Im Bank’s quorum rules that would clear the way for high-dollar financing deals.

Earlier this month, Freedom Partners and its network allies sent a letter to Speaker Ryan urging Congress to reject all efforts to alter Export-Import Bank quorum rules.

Freedom Partners senior policy advisory Andy Koenig issued the following statement:

“Washington lawmakers are once again attempting to leverage a last-minute budget deal near the eve of a government shutdown to funnel millions of dollars to well-connected special interests. Freedom Partners urges Speaker Ryan, Majority Leader McConnell, and all fiscal conservatives to continue to stand with taxpayers and reject any effort to open the floodgates on Ex-Im Bank crony financing – either now or in a lame duck. Americans deserve better than the predictable crisis-to-crisis legislating that’s become business as usual for members of both Parties.”

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