Following this week’s passage in the Senate, Americans for Prosperity (AFP) is again calling on President Obama to back up his words with action, and veto re-authorization of the Export-Import bank.
AFP President Tim Phillips said, “As a senator, Obama was right when he called the Ex-Im bank a fund for corporate welfare. Now he has a chance to back up all the rhetoric with meaningful action. Our video is a clear challenge to President Obama, asking him to take a stand against corporate welfare and veto re-authorization.”
Americans for Prosperity has consistently opposed policies that allow the federal government to attempt to subvert the market by picking winners and losers. “Special interest giveaways come with a real cost to hardworking taxpayers and consumers. When they get special breaks, that puts more of the tax burden on the rest of Americans,” continued Phillips.