the real facts on the export-import bank
DESCRIPTION
Despite torrents of opposition to the Ex-Im slush fund for corporate welfare, the U.S. Chamber of Commerce is sticking to its guns. Last week, it released a series of “facts” to promote reauthorization of its charter this fall.TRANSCRIPT
![Page 1: The REAL Facts on the Export-Import Bank](https://reader035.vdocument.in/reader035/viewer/2022062616/549e7cacb3795996618b4723/html5/thumbnails/1.jpg)
THE REAL FACTS ON THE EXPORT-IMPORT
BANK:5 Real Facts
Disputing the Claims of
Cronyists in Washington
![Page 2: The REAL Facts on the Export-Import Bank](https://reader035.vdocument.in/reader035/viewer/2022062616/549e7cacb3795996618b4723/html5/thumbnails/2.jpg)
REAL FACT 1:Ex-Im’s cost to
taxpayers will be $2 billion over the next
decade.
![Page 3: The REAL Facts on the Export-Import Bank](https://reader035.vdocument.in/reader035/viewer/2022062616/549e7cacb3795996618b4723/html5/thumbnails/3.jpg)
REAL FACT 2:Small business
financing accounts for roughly 19 percent of
Ex-Im’s portfolio.
![Page 4: The REAL Facts on the Export-Import Bank](https://reader035.vdocument.in/reader035/viewer/2022062616/549e7cacb3795996618b4723/html5/thumbnails/4.jpg)
REAL FACT 3:Ex-Im’s “loan-loss rate” is bogus. Its
losses are inevitable and imminent.
![Page 5: The REAL Facts on the Export-Import Bank](https://reader035.vdocument.in/reader035/viewer/2022062616/549e7cacb3795996618b4723/html5/thumbnails/5.jpg)
REAL FACT 4:Ex-Im cannot create
American jobs. In fact, it supports jobs for
foreign competitors.
![Page 6: The REAL Facts on the Export-Import Bank](https://reader035.vdocument.in/reader035/viewer/2022062616/549e7cacb3795996618b4723/html5/thumbnails/6.jpg)
REAL FACT 5:Allowing the Bank to
expire will save taxpayers money, while having almost no effect
on exports.
![Page 7: The REAL Facts on the Export-Import Bank](https://reader035.vdocument.in/reader035/viewer/2022062616/549e7cacb3795996618b4723/html5/thumbnails/7.jpg)
TELL CONGRESS TO ALLOW THE
EXPORT-IMPORT BANK
TO EXPIRE