Export-Import Reauthorization (House) Vote Recap
Yesterday, the House of Representatives voted on the Export-Import Bank Reauthorization Act of 2012 (H.R.2072). The bill extends and expands the Export-Import (Ex-Im) Bank by 40% through 2014. Ex-Im provides subsidized loans to companies that export their goods to foreign companies. The market distortion means foreign companies can buy American made products cheaper than domestic companies, putting the U.S. at a disadvantage. The vote is listed below, along with a breakdown of how Republicans and Democrats voted.
Republicans Voting Yes: 147
Republicans Voting No: 93
Democrats Voting Yes: 183
Democrats Voting No: 0