End the Export-Import Bank
The ostensible purpose of the U.S. Export-Import Bank is to assist in financing the export of U.S. goods and services to international markets. So what’s not to like? Well, according to Cato scholar Daniel J. Ikenson, the U.S. Export-Import Bank does more harm than good:
“For all the praise Ex-Im heaps upon itself for its role as a costless pillar of the economy, it is difficult to make sense of the collateral damage left in its wake. Thousands of U.S. companies would be better off if Ex-Im’s charter were allowed to expire, as scheduled, on June 30.”
Interested in learning more about the issue? Check out these links:
