Wednesday, March 21st, 2012 and is filed under News
Harry Reid failed in his attempt to invoke cloture on an amendment to the small business jobs bill (Cantwell AMDT. to HR 3606) that would reauthorize the Export-Import bank and raise its lending cap from $100 billion to $140 billion. The sad thing is that every Democrats and 3 Republicans (Brown, Collins, and Heller) voted for the amendment. Now the Republicans in the House must hold firm and reject leadership’s 1-year reauthorization that will raise the lending cap to $113 billion. Senator DeMint has a full list of concerns with the bank. It must be abolished.
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