Why Clinton is Defying Her Liberal Base On This Key Issue
The question is, do you have the cash?
She put her policy auction block on display in the latest Democrat debate, where she defended a corporate welfare program despised by both liberals and free market conservatives.
The Daily Caller reports:
When Hillary Clinton offered her full-throated support for the Export-Import Bank during Sunday’s Democratic presidential debate, a vast majority of viewers were likely unaware that some of the largest recipients of subsidies from the federal agency are major Clinton Foundation donors.
Boeing, General Electric, ExxonMobil, Dow Chemical, Emirates Airline, and others have received billions of dollars in handouts from Ex-Im. They’ve also contributed massively to the Clinton Foundation and other Clinton-related endeavors. Companies like Bechtel Corp. have ties to the Clintons through Podesta Group, a Washington, D.C. lobbying firm.
But Clinton failed to mention any of that Sunday when she touted Ex-Im’s virtues as a boon to small businesses...
... That comment received heavy pushback from Clinton’s challenger, Vermont Sen. Bernie Sanders. The democratic socialist, who voted against reauthorizing the agency last year, pointed to statistics showing that 75 percent of Ex-Im’s disbursements go to major corporations and not small businesses.
Sanders is not alone in his critique of Ex-Im’s apparent cronyism. Conservative Republicans have been heavily critical of the 81-year-old agency, going so far as to block its reauthorization in the House for several months last year.