Chairman Jeb Hensarling

In Case You Missed It

ICYMI: Ex-Im Busts Its Travel Budget While Undertaking “Barnstorming” Pro-Subsidy Tour


Washington, Aug 13 - Officials with the Export-Import Bank have embarked on a 10-state promotional tour this month.

And according to The Hill, “Officials with the Export-Import Bank have exceeded their travel budget over the last three years by $3 million.” (“Ex-Im Busts Travel Budget by $3M” the headline reads).  “Much of the recent travel appears designed to build public support for the bank,” The Hill reports.

Being the chief export subsidizer in the country carries lots of responsibilities including, apparently, barnstorming the country to try and rally the businesses you subsidize to push lawmakers to keep the subsidies flowing. This ain't cheap,” notes the Washington Examiner.

###

Print version of this document