By Veronique de Rugy

When the U.S. House of Representatives voted to reauthorize the Export-Import Bank recently, special interests got their way in the swamp that is Washington. While advocates for the nation’s official export credit agency pretend it supports small businesses, grows exports and sustains growth, the reality is quite different. Ex-Im Bank is better described as a vessel for corporate welfare, mostly for the benefit of large domestic and foreign manufacturers.

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