This reauthorization of the Export-Import Bank (Ex-Im) expanded the bank's lending authority an additional 40% for a total of $140 billion. Ex-Im is the poster child for corporate welfare. Additionally, the bank distorts the free market with taxpayer-backed subsidies pitting one section of the US economy against the other. This bill passed the House on May 9, 2012 in a roll call vote of 330-90, and was signed into law on May 30, 2012.
To see how your elected officials stack up or other votes that comprise the Liberty Score, view our full scorecard here.
Conservative position: NO
Read MoreShow less