Ex-Im Bank battle tests bipartisan norms in 81st year
The Export-Import Bank, 81 years old, faces a renewed fight as renewal nears. A Tea Party Koch-backed push opposes the bank, pressuring House leaders to block a vote. Proponents cite $27.4 billion in exports and 164,000 jobs last year, with 3,340 small businesses aided and a $675 million Treasury return. Supporters argue the bank fills a market gap others avoid, noting China's subsidies abroad and small firms relying on guarantees like Bassett's Ice Cream. The dispute reflects broader issues of ideology versus facts in economic policy and district politics shaping the outcome.
MENTIONED IN THIS ARTICLE
Koch Brothers
House
Jeb Hensarling
Financial Services Committee
Hensarling
Chris Collins
New York
Republican Party
America
U.S
Boeing
Ex-Im
Treasury
China
Bank
Bassetts Ice Cream
Philadelphia
David Patti
Pennsylvania Business Council
Bassetts
Pittsburgh Post-Gazette
Patti
India
Caribbean
Douglas Holtz-Eakin
New York Times
Steve
Cokie Roberts
Stevecokie
Gmail.com
Truthful budgets amid red ink states amid national scramble
Congress debates funding as many states face deficits in the red A few forecast bipartisan budget battles while California trims debt and raises taxes Volcker Alliance warns of hidden costs masking true fiscal health Governors like Brown Jindal Christie reshape budgets, impacting education pensions and public services.
MENTIONED IN THIS ARTICLE
Congress
Louisiana
Wisconsin
Sébitt’ Walker
Bobby Jindal
Walker
Chris Christie
New Jersey
Grover Norquist
Norquist
Gov
Paul Volcker
Federal Reserve
U.S
Jimmy Carter
Ronald Reagan
Volcker Tater F
Volcker Alliance
Volcker
New York Times
California
Jerry Brown
Brown
Notable events on June 13 through history
A compact history on June 13 highlights births and milestones from 1865 poet William Butler Yeats in Dublin to 2010 IRS email-retention issues. It notes Luther’s marriage in 1525, Victoria’s train ride in 1842, Lindbergh’s NYC parade in 1927, Braddock’s 1935 boxing win, Technicolor film, Nazi saboteurs, Mayflower II’s voyage, Pentagon Papers, Pioneer 10 exit, the 1996 Freemen surrender, and key judicial and political moments through 2014 with Yeats quote ending.
MENTIONED IN THIS ARTICLE
William Butler Yeats
Dublin
Ireland
Martin Luther
Katharina von Born
Victoria
Slough
Paddington
Charles Lindbergh
New York City
James Braddock
Max Baer
Queens
New York
Becky Sharp
United States
U.S
America
Plymouth
Massachusetts
England
New York Times
Pentagon
Vietnam
Daniel Ellsberg
London
Neptune
Freemen
FBI
Montana
Supreme Court
Texas
California
Gary Faulkner
Colorado
Pakistan
Osama bin Laden
Faulkner
Internal Revenue. Service
Congress
Lois Lerner
Inspector General
Lerner
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Rob Portman
Ohio
The
Toledo Blade
Ex-Im Bank
Cokie
Steven V. Roberts
Charles Schumer
Kirsten Gillibrand Hart
Senate
Dirksen
Washington
D.C
Robert Oaks
Will Barclay
N. Second St
Albany
N.Y
Fulton
Christie
New Jersey Supreme Court
Donna Brazile
CNN
ABC News
Ms. Magazine
Dory
Associated Press
Palladium-Times
Www
Palltimes.com
New York Publishers Association
First St
Oswego
Andrew Poole
Mike LeBoeuf
Paliltimes.com
Palltimes
Oswego Palladium-Times
USPS
Ster
the Palladium-Times
1St Street