Posted on 04/30/2015 11:38:13 AM PDT by Olog-hai
Thousands of jobs would disappear pretty quickly if the Export-Import Bank were to expire abruptly when its charter runs out at the end of June, House Speaker John Boehner said on Thursday.
The Ohio Republican has asked Financial Services Chairman Jeb Hensarling, R-Texas, to come up with a plan to overhaul or wind down the operations of the bank, which helps finance exports of U.S. products such as jetliners and wind turbines. [ ]
Many conservative Republicans want to kill the bank outright, saying it finances too many questionable projects and favors some businesses over others. But the bank enjoys sweeping support among Democrats, and other GOP lawmakers support business groups who say it sustains U.S. jobs.
(Excerpt) Read more at hosted.ap.org ...
What a GD embarrassment this clown is.
The US Congress kills millions of jobs.
I do not trust Boehner AT ALL!
The Ex-Im bank, a minuscule sub-branch of the great progressive crony/redistributionist apparatus that is the US Government can not even be closed without the wailing and nashing of teeth - from Republicans, Democrats, and their captured business allies
What hope then is there for any reform of entitlements, the IRS, the medical-care industry or any much larger arm of the US Government???
NONE!
I wonder how many of the “shut-it-down-completely” crowd REALLY want to keep spending at 100+ percent.
“the end of June, House Speaker John Boehner said on Thursday. The Ohio Republican has asked Financial Services Chairman Jeb Hensarling, R-Texas, to come up with a plan to overhaul or wind down the operations of the bank”
The Orange One speaks.
We want these jerks to eliminate several whole departments and they are not even willing to get rid of the Export-Import boondoggle.
Boehner is like Pelosi’s twin.
If Boner is for "it", "it" must be bad for America. That idiot couldn't find his azz with both hands...at high noon...in Time Square...with pre-printed instructions. How can America keep electing these horse's azz's to key positions?? SAD.
Neither does most of the population.
Neither does most of the population.
The Orange one lol.
George Costanza was an importer/exporter at one time.
No, but his boyfriend probably could.
This response from Monsieur Boehner was entirely predictable.
Oh how the life ‘la vie’ is so sweet in DC.
Why? The Internet, and various other means by which commerce takes place today.
Bureaucrats trying to save bureaucrat's jobs, right John?
I will now entertain questions...
5.56mm
Boehner is Hairy Roids secret weapon...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.