Tuesday, April 15, 2014

Putin’s Corporate Welfare Fund ... Our tax $$ at work?

Heritage Action for America (If you
are reading this, click to display images in your email program.)

The Export-Import Bank is notorious for its poor judgment and political favoritism. How does the Bank work? It is kind of like a Fannie Mae for exporters, doling out taxpayer-backed financial support to well-connected companies.

>> See the latest: how Ex-Im benefits Russia.

As tensions escalate in Ukraine, Americans are becoming increasingly suspicious of Russia's motives. Last year alone Ex-Im guaranteed more than $580 million in export funding to Russia. Unbeknownst to most Americans, they are on the hook for that.

How do Putin's buddies try to secure Ex-Im funding? Find out more here.

Thank you for staying informed on this ongoing fight.

Sincerely,


Michael A. Needham
Chief Executive Officer
Heritage Action for America


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