Ex-Im Bank Doesn't Even Follow Its Own Rules

The fight over reauthorizing Ex-Im highlights the major fault line within the Republican Party. Free market, small government, tea party Republicans oppose reauthorization on principle—they object to government subsidies and privileges being granted to a favored few. The Chamber of Commerce, establishment, moderate Republicans want to perpetuate the bank for pragmatic reasons—money and a fear (with some justification) that withdrawing support for government aid to businesses drive some businessmen into the Democrat Party.

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