The Export-Import Bank is a quasi-governmental enterprise, backed by taxpayers, that gives cheap credit to private companies for overseas deals… Their annual reports have gaping omissions, they have incestuous relationships with some of the companies receiving loans, and they have sought a taxpayer bailout in the past… Plus a recent report revealed that Ex-Im bank is projected to cost taxpayers $2 BILLION!
So, your money could be on the line should any of their zany schemes go awry!
Here are 9 “Ex-Im” loans you might not believe the government makes you support:
The government wastes a lot of money, most sane people agree… So National Taxpayers Union and U.S. PIRG created a cross-ideological report with over $500 billion in bipartisan recommendations to trim the federal budget. (Read the full report at ntu.org or uspirg.org)
Here are 6 of the most hilariously unnecessary budget items that these two divergent groups found:
You wouldn’t believe the extent government goes to tax things in life. To illustrate the madness, we have compiled a list of the Top Ten Most Mind-Boggling Taxes.