Kevin McCarthyMakes Statement

Favors closing U.S. Export-Import Bank

22 Jun, 2014

McCarthy says that he favors closing the bank in September when its charter expires and also said he believes the government does not need to be involved in financing exports. Other conservatives within the party also favor the closing saying they view it as a form of “crony capitalism.”

One of the biggest problems with government is they go and take hard-earned money so others do things that the private sector can do. That’s what the Ex-Im Bank does.

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