Virginia Business covers Ex-Im and Catoctin Creek
Here's another article on the lunacy of our current congress, and their failure to support the obviously pro-business Ex-Im bank. This article is a great story showing how ridiculous ideological purity is costing Virginia businesses hundreds of millions of dollars in lost export opportunities. Get with the program, Congress!
Ex-Im Bank expiration came at the same time Virginia government and business leaders were trying to expand the state’s exports to help make up for the federal cuts under sequestration, which are hampering the commonwealth’s economic growth. “The timing of its expiration couldn’t be worse in Virginia because we are just now gearing up for a major push to expand manufacturing exports over the next 10 years,” says Brett Vassey, president and CEO of the Virginia Manufacturers Association.
Read the full story, here.