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Americans For Prosperity Americans for Prosperity (AFP) and Americans for Prosperity Foundation (AFP Foundation) are committed to educating citizens about economic policy and mobilizing those citizens as advocates in the public policy process. AFP is an organization of grassroots leaders who engage citizens in the name of limited government and free markets on the local, state and federal levels. The grassroots members of AFP advocate for public policies that champion the principles of entrepreneurship and fiscal and regulatory restraint.

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Forget Ex-Im: As U.S. Takes on EU, End Corporate Welfare at Home

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Unread 04.23.19, 05:05 PM
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Forget Ex-Im: As U.S. Takes on EU, End Corporate Welfare at Home

04.23.19 04:17 AM

Arlington, VA – Amid the latest standoff with the European Union (EU) over aircraft subsidies, the Trump administration is preparing new harmful tariffs and some are pushing to bring back the Export-Import Bank. Americans for Prosperity (AFP) and Freedom Partners Chamber of Commerce remind policymakers to end one major source of taxpayer-supported corporate welfare in the United States: The Export-Import Bank. AFP Chief Government Affairs Officer Brent Gardner and Freedom Partners Executive Vice President Nathan Nascimento issued the following joint statement: “The Export-Import Bank is on a countdown to expiration and Washington should make sure it gets there. Ex-Im tilts the scales in favor of the well-connected at the expense of American companies and taxpayers. Rather than obligating taxpayers to support welfare for politically influential foreign and domestic corporations, companies should compete on their own merits. Industries have moved on to other financing, and the U.S. economy is doing fine without Ex-Im. As the administration criticizes EU subsidies, instead of imposing new counterproductive tariffs, they should end domestic subsidies like the Export-Import Bank.” RECENT ADMINISTRATION CALLS TO END MASSIVE STATE-SPONSORED CORPORATE WELFARE SHOUD REMIND CONGRESS NOT TO REVIVE EXPORT-IMPORT BANK Administration Proposes New Tariffs On Goods From EU In Response […]

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