Chamber of Commerce: Congress’s Ex-Im Battle Taking a Heavy Toll on American Businesses
Today, the U.S. Chamber of Commerce published a new “Above the Fold” post highlighting the devastating impact Republicans’ decision to shut down the Export-Import Bank is having on American businesses’ ability to create jobs and compete in the global marketplace.
They note:
“As Congress continues to fight a political war over the U.S. Export-Import Bank (Ex-Im), the casualty count - in this case, missed sales and lost jobs - continues to climb across the country.”
They give a number of examples of businesses who are already being impacted by the GOP’s shutdown of the Bank, and sum it up like this:
“These are merely a handful of the American companies already feeling the impact of lawmakers' misguided war over Ex-Im, which with every passing day looks less like an attack on cronyism - as critics have tried to portray it - and more like friendly fire on U.S. businesses. It's up to Congress to put an end to that fight, reauthorize Ex-Im, and limit the damage to the American economy.”
You can read the full post here.