What’s been designed here is a project that ensures a fossil fuel agenda, both in the literal and figurative sense.
The Export-Import Bank Should Be Abolished
… of EXIM’s loan guarantees and 30 percent of EXIM’s overall activities.” Over the years, 10 large domestic corporations … by the subsidies doled out to larger competitors. In fact, the Bank’s support for small businesses has declined … of EXIM’s loan guarantees and 30 percent of EXIM’s overall activities.” Over the years, 10 large domestic corporations … - page 722
… is not a good deal for taxpayers. The Bank’s accounting practices are deficient, and the Bank miscalculates its budget … Budget Office has found that EXIM programs will actually cost taxpayers $2 billion.2° Numerous audits done … internal reporting procedures, and financial reporting practices are not reliable enough to ensure the safe … - page 722
… of government one wants or to justify anew government activity, one has only to declare that more government … of government one wants or to justify anew government activity, one has only to declare that more government … - page 722
… with its subsidies and will boost American jobs and manufacturing. The problem is that cynics who support such … with its subsidies and will boost American jobs and manufacturing. The problem is that cynics who support such … - page 722
… misguided that obligation may be—is also noticeable in the fact that EXIM’s China and Transformation Exports Program … extended only $141.3 million in financing in FY 2022—a fraction of the $27 billion it is supposed to deliver by the … do not need EXIM financing because their foreign sales attract commercial financing without government support. The … - page 723
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