3/7/2012

House leaders are caught between businesses and conservative groups over reauthorization of the Export-Import Bank, which hits its $100 billion loan limit this month. Conservatives oppose the move, while big businesses say exports could be crippled if it doesn't happen. The Ex-Im Bank does half its work for the aerospace industry. If the Export-Import bank isn't reauthorized, the consequences would be "astounding," said Michael Berger of the Aerospace Industries Association.

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