Maxed-out Federal Bank Slated to Get More Funding than Requested
March 17, 2012 at 12:30 pm in Accountability, GAN, Gary G. Miller, House, News by Mark Powell ·
With nearly $100 billion in outstanding loan guarantees the Federal Export-Import Bank is coming up against its loan limit ceiling. Supporters in Congress are proposing to raise taxpayers’ exposure to these loan guarantees to $160 billion over the next three years, $20 billion more than requested by the Bank. The author of the House Bill…
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