Friday, July 24, 2015

Mitch McConnell clears a path to restart the Export-Import Bank

The Washington Examiner reports:
Senate Majority Leader Mitch McConnell is clearing the way to restart the Export-Import Bank, an expired corporate-welfare agency he has voted against, as part of the highway bill in the Senate this week.

Conservatives say McConnell's actions show he never really opposed the agency — that deep down, McConnell takes the K Street position rather than the free-market stance. McConnell's office contends that pragmatic politics are more complicated than that, and that keeping Ex-Im dead is beyond the majority leader's power.
Greedy rent-seekers never give up.