International

Four Myths about the Export-Import Bank

The Export-Import Bank of the United States (Ex-Im Bank) is an independent government agency founded in 1934 in an effort to encourage U.S. exports. In 2010, Ex-Im Bank provided $24.4 billion in taxpayer-backed direct loans, guarantees, and export-credit insurance to private firms and foreign governments. Whatever its original intent may have been, today Ex-Im Bank is an obvious example of corporate welfare. Denying Ex-Im Bank’s charter, which is up for renewal in 2011, would eradicate a regressive, wasteful institution whose time has passed.

CAGW Calls to Eliminate DOI’s “Save America’s Treasures”


For Immediate Release

February 17, 2011
Contact:Leslie K. Paige (202) 467-5334

Luke Gelber (202) 467-5318

 


Cut Corporate Income Taxes

America has been called the land of opportunity largely because it has been a place where businesses and individuals prosper.  This has been the result of a stable government, an educated workforce, protection of intellectual property, and a tax rate that historically has been low. Unfortunately, taxes are now going in the wrong direction. 

The Ongoing Farce of the “Emergency Supplementals”

As the House of Representatives rushed to finish legislative business in advance of the Memorial Day recess, the fate of the Fiscal Year (FY) 2010Supplemental Appropriations Bill was pushed off until lawmakers returnon June 8.  The bill allocates $37.5 billion to support ongoing war efforts in Afghanistan and Iraq.  Unfortunately, it also piles on tens of billions of dollars in additional funding for dozens of non-emergency items, all of which add to the $1.56 trillion annual deficit and the national debt, which topped $13 trillion on May 25, 2010, according to the Congressional Budget Office.

Stimulus Rebellion on the Eastern Shore

There is a brawl brewing in the bucolic fields of Queen Anne’s County, Maryland.  The Obama Administration’s $862 billion stimulus fund, ostensibly targeted toward shovel-ready, jobs-producing projects, is going toward the construction of a decidedly non-shovel-ready 2,000-acre U.S. State Department security training facility that residents in the region neither need nor want.  This tiny band of committed activists, comprised of Republicans, Democrats, private property rights advocates, conservationists, and small business owners, may go down in history as one of the only communities in the country to successfully reject a wasteful stimulus pork project. 

The Many Perks of Congressional Employment

Supposedly in Denmark to attend the Copenhagen Climate Summit, multiple members of Congress have been criticized for treating the trip as a personal vacation.  The trip included seven Republicans and 15 Democrats, most notably House Speaker Nancy Pelosi (D-Calif.) and House Majority Leader Steny Hoyer (D-Md.).

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CAGW Names Rep. Mike Rogers November 2018 Porker of the Month

Rep. Hoyer is CAGW's Porker of the Month for his support for being a leading proponent of a wasteful sixth military branch called the Space Force.