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AFP to House Financial Services Committee: Protect Taxpayers, Not Special Interests

Jun 26, 2019 by AFP

Arlington, Va. – Americans for Prosperity (AFP) Chief Government Affairs Officer Brent Gardner issued the following statement on Rep. Maxine Water’s decision Wednesday to pull a bill to reauthorize and rename the Export-Import Bank:

“It’s disappointing that this bill was pulled, not because members agree that taxpayer funded corporate welfare turns their stomachs, but because both parties are vying for their own interests – looking for ways to ensure that the bank’s reauthorization benefits their favorite politically connected industries. We are going to keep up the pressure on committee members to do right by every American and kill the bank. Rather than battle for a bigger share of the spoils, members should put taxpayers first and retire the bank once and for all.”

AFP is calling on principled leaders, and on the House Financial Services Committee to reject the reauthorization of the controversial Export-Import Bank to sunset in September when the bank’s existing charter expires.

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