Advertisement
Advertisement
Ex-Im
[ eks-im ]
Word History and Origins
Origin of Ex-Im1
Example Sentences
Export-Import Bank, or Ex-Im, which supports American businesses around the world.
AFP, the political advocacy arm of the Koch brothers’ network, will run newspaper, digital, and direct mail ads labeling the Ex-Im bank reauthorization a “boondoggle” that, “Costs taxpayers billions in corporate welfare subsidies.”
“Ex-Im perpetuates the culture of cronyism and fraud that puts special interests ahead of hard-working Americans. Those members who voted in favor of financing risky taxpayer-backed loans for politically connected big businesses and wealthy foreign state-owned firms will be held accountable.”
In addition, energy-related transactions would have to estimate the volume of carbon dioxide emitted by projects receiving Ex-Im subsidies.
In part, the amendment would block creation of a new Ex-Im unit aimed at promoting energy-efficiency and renewable-energy exports and require the bank to weigh the overseas affordability of energy products before approving transactions.
Advertisement
Advertisement
Advertisement
Advertisement
Browse