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russshackleford

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russshackleford

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Friday, 09/18/2015 2:42:28 PM

Friday, September 18, 2015 2:42:28 PM

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G.O.P. Discord Over Ex-Im Bank Intensifies
By JACKIE CALMESSEPT. 15, 2015

WASHINGTON — General Electric announced plans on Tuesday to move 500 jobs overseas, and Boeing said it had lost a second foreign satellite contract in weeks, developments that both corporate giants blamed on the Republican-led Congress’s failure to keep the federal Export-Import Bank open to help finance new deals.

The announcements were certain to reignite Republican infighting over the future of the 81-year-old export credit agency just as Congress was returning from its long summer recess, promising to widen the rift between the party’s pro-business and anti-government wings both on Capitol Hill and in the presidential-nominating race.

http://www.nytimes.com/2015/09/16/business/economy/export-import-bank-general-electric-boeing.html?_r=0
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