Despite losing a friend in House leadership and now his successor’s avowedlack of interest, the Export-Import Bank — which has been criticized for promoting corporate welfare — remains well-positioned to secure reauthorization this fall.
That’s the conclusion of the Sunlight Foundation, which analyzed the lobbying efforts of the bank’s corporate beneficiaries. In fact, it’s not really a close call.
Only one company on Sunlight’s list of 20 organizations “that have lobbied the most” on the subject of the Export-Import Bank since 2008 has been critical of the bank’s methods. That would be Delta Airlines, which is not too keen on the bank’s subsidizing of overseas outfits so that they can purchase Boeing planes more cheaply.
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