Lobbying on U.S. export credit agency ramps up among critics, backers

(Reuters, Washington, 18 February 2015) Clients and supporters of the U.S. export credit agency will descend on Capitol Hill next week to urge lawmakers to keep the Export Import Bank open as critics ramp up efforts to shut it down. A temporary lifeline extended last year will run out on June 30 unless Congress extends the bank's term,  a move strongly opposed by some Republicans who criticize Ex-Im's support for firms such as Boeing Co and Caterpillar Inc as corporate welfare.

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