“Note the ‘unknown’ section. This isn’t a fluke: Ex-Im routinely loses track of whom they’ve been helping.” -Heritage Foundation President Jim DeMint

Ending the Export-Import Bank is important, Heritage Foundation President Jim DeMint writes:

Ex-Im is rife with corruption, doesn’t promote competition, costs taxpayers billions of dollars and threatens American jobs.  It’s all about politically connected big businesses getting bigger with help from Uncle Sam. It’s not fair, not necessary, and shouldn’t be a hard decision for Congress.

The Export-Import Bank will end in September if Congress does not reauthorize the program. Liberals like Sen. Chuck Schumer (D-NY) are pushing hard to extend it.

Read more of Heritage’s research on the Ex-Im Bank here.

Do you think Congress should continue the Export-Import Bank or allow it to end?

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