How Soon They Forget | Richard W. Rahn | Cato Institute: Commentary

How Soon They Forget | Richard W. Rahn | Cato Institute: Commentary: "the House voted 330-93 not only to reauthorize the Export-Import Bank, but to increase its funding to $140 billion. The Ex-Im Bank is used to subsidize U.S. exports, and most of the benefit goes to a couple of large companies such as Boeing Co. and General Electric Co. Yes, it is good that Boeing exports its planes to other countries, but you, the taxpayer, should not be on the hook to finance these exports. There is plenty of private money available."