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AFP Continues Efforts to Stop Ex-Im Reauthorization

June 04, 2014

Arlington, Va. – Americans for Prosperity, the nation’s foremost grassroots advocate for economic freedom, is continuing its efforts to stop reauthorization of the Export-Import Bank by Congress.

Today AFP announced the release of a short video that will help educate its 2.3 million grassroots activists across the country on the Export-Import Bank.

The one-minute video explains how the Export-Import Bank puts taxpayers at risk by loaning their money to foreign corporations, and urges viewers to contact Congress and tell them to “Break the Bank” by letting Ex-Im expire in September as scheduled.

AFP President Tim Phillips said: “More and more Americans are learning about the Export-Import Bank — and they’re not happy about it. Hardworking taxpayers are already struggling to maintain their household budgets, so it’s no surprise that they don’t want their hard-earned tax dollars funding this corporate welfare scheme that only benefits the politically connected.

“This is a great opportunity for legislators on both sides of the aisle to prove that they’re working for the taxpayers, not foreign companies or corporations with well-connected lobbyists here at home. We will continue to educate Americans about this important issue, and urge them to put pressure on their legislators to ensure that the Export-Import Bank is gone come September.”

Watch the video here: http://youtu.be/OqZFdeAGLjs

Thousands of AFP activists across the country have already taken a stand against Ex-Im reauthorization by signing AFP’s “Break the Bank” petition and sending messages to their legislators urging them to let Ex-Im expire on schedule this fall.

Last month AFP and a broad coalition of organizations held a press conference announcing significant efforts to stop reauthorization of the Export-Import Bank by Congress, calling it poorly-managed corporate welfare.

For more information about the coalition opposing Ex-Im reauthorization, read the coalition letter HERE.

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