House passes $140 billion re-authorization of Export-Import Bank, ALG responds

May 9, 2012, Fairfax, VA—Americans for Limited Government President Bill Wilson issued the following statement blasting the House of Representatives' passage of the $140 billion re-authorization for the Export Import Bank of the United States:

"The House had an opportunity to show that corporate welfare in any form is unacceptable, and yet again blew it by not only reauthorizing the Ex-Im Bank, but by adding $40 billion to its lending capacity. Every member who voted yes now must explain to their constituents why they support a bank that gave millions to bankrupt Solyndra. Why they support a bank that gives foreign companies an edge over U.S. companies in the global economy. And why they support a bank that has wasted billions manipulating markets rather than allowing market forces to determine demand."

To view online:


"No place for Republican crony capitalism," By Rick Manning, Director of Communications, Americans for Limited Government, May 8, 2012 at

"Axe the Ex-Im Bank," By Howard Rich, Chairman, Americans for Limited Government, March 21, 2012 at

"Big Government is Making Boeing a Bad Actor," By Howard Rich, Chairman, Americans for Limited Government, April 9, 2012 at


Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please call us at 703-383-0880 or visit our website at