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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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AFP on Ex-Im Bank: Corporate welfare by any name is corporate welfare

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Unread 06.19.19, 12:35 PM
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AFP on Ex-Im Bank: Corporate welfare by any name is corporate welfare

06.19.19 09:06 AM

Grassroots organization urges Congress to shut down taxpayer handouts, Export-Import Bank Arlington, VA – Americans for Prosperity (AFP), the nation’s leading grassroots organization committed to building a stronger economy that works for everyone, reacted to news that Rep. Maxine Waters (D-Ca.), Chair of the House Financial Services Committee, and ranking member Rep. Patrick McHenry (R-N.C.) appear to have struck a deal to reauthorize the bank under new terms and a new name. The bank, according to the proposal, would remain operational through 2026 with modest reforms, and would be renamed to the United States Export Finance Agency. AFP launched last week a new effort to “Unrig the Economy” that includes a robust direct-mail campaign aimed at 32 members of the House and Senate. AFP is calling on principled leaders, and on the House Financial Services Committee to reject the reauthorization of the controversial Export-Import Bank to sunset in September when the bank’s existing charter expires. AFP Vice President of Economic Opportunity, Russ Latino released the following statement: “Changing the name of a bad program doesn’t make it a good program any more than slapping lipstick on a pig makes it less of a pig, and the Export-Import Bank is a […]

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