House to vote on increase in Ex-Im Bank lending cap
May 08, 2012 | 05:22 PM
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Tags
Export-Import Bank,
Ex-Im Bank,
NAM,
exporting,
Boeing,
National Association of Manufacturers,
Catherine Ngai
NEW YORK — The U.S. House of Representatives is set to vote Wednesday on a bill that would increase the lending cap of the U.S. Export-Import Bank before a May 31 deadline.
The government-run bank provides loans and credit to help U.S. exporters sell into foreign markets. If approved, the legislation would raise the bank’s funding levels to $140 billion by 2014 from a $100-billion ceiling now.....
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