Entitlement Reform

Club for Growth Launches Ex-Im TV Ad Campaign in Four Congressional Districts

Doug Sachtleben - April 23rd, 2015

Washington, DC – The Club for Growth today released TV ads urging four Members of Congress to join conservatives and end the Export-Import Bank. The ads will air in the congressional districts of Representatives Buddy Carter (GA-01), Renee Ellmers (NC-02), Stephen Fincher (TN-08) and Bill Flores (TX-17). The six-figure ad buys in all four districts include broadcast and cable TV in Memphis, Raleigh, Waco and Savannah.

To view the Club for Growth’s new TV ads urging Members to not reauthorize the Export-Import Bank, click here.

“Members of Congress who continue supporting the Export-Import Bank are on notice: conservatives have had enough… enough of the corruption and fraud, enough of the corporate welfare, and enough of loaning billions of our tax dollars to foreign companies,” said Club for Growth President David McIntosh. “Members have to make a choice – will they stand with conservative leaders like Bush, Cruz, Paul, Rubio, and Walker, or will they stand with the failed Democrat leadership of the past, like Hillary Clinton?”

Script for Export-Import Bank ads (TV :30)

WHAT IS THE EXPORT-IMPORT BANK?

A FAILED FEDERAL AGENCY SO RIDDLED WITH FRAUD IT’S BEEN CALLED A PETRI DISH OF CORRUPTION AND GRAFT.

CORPORATE WELFARE AT ITS WORST.

THE BANK SPENDS BILLIONS OF TAX DOLLARS SUPPORTING A HANDFUL OF GIANT CORPORATIONS.

WHY DOES (NAME OF MEMBER OF CONGRESS) SUPPORT IT?

REPUBLICAN LEADERS – BUSH, WALKER, RUBIO, CRUZ, PAUL – ALL WANT TO ELIMINATE IT.

TELL (NAME OF MEMBER OF CONGRESS) TO JOIN CONSERVATIVES AND END THE EXPORT-IMPORT BANK.

The Club for Growth is the nation’s leading group promoting economic freedom through legislative involvement, issue advocacy, research, and education.

Coalition of 50+ Orgs to Congress: Let the Export-Import Bank Expire

Doug Sachtleben - April 21st, 2015

On April 21, 2014, the Club for Growth and 52 other organizations wrote to Members of Congress urging them to oppose reauthorization of the Export-Import Bank. Here is the letter:

 

Dear Members of Congress:
On behalf of our groups and organizations, together representing millions of Americans, we urge you to oppose the reauthorization of the Export-Import Bank. It unfairly hurts domestic companies and risks billions of taxpayer dollars.

By paying foreign companies to buy American exports, the Export-Import Bank tilts the playing field away from mid-sized and small businesses in favor of large, politically connected corporations. The Airlines for America, for example, estimates that the bank’s recent loans to foreign airlines have killed as many as 7,500 jobs for domestic airlines in the United States. Eliminating the Export-Import Bank would level the playing field and allow U.S. companies to compete for business on their merits rather than the strength of their political ties to the bank.

Not only does the Export-Import bank interfere with the free market, it also jeopardizes billions of taxpayer dollars. According to a 2014 report from the Congressional Budget Office the bank will costs taxpayers $2 billion over the next decade despite claims that it pays for itself. This discrepancy is because the bank does not use fair-value accounting, a method widely used by private finance organizations. These risky loans and poor accounting practices are harmful to taxpayers, who are
left footing the bill.

America deserves an international trade policy that is based on free-market mechanisms, not paying foreign companies to buy exports from large corporations with political connections. We, the undersigned organizations, urge you to oppose reauthorizing the Export-Import Bank.
Sincerely,

David McIntosh, President
Club for Growth

Brent Gardner, Vice President of Government Affairs
Americans for Prosperity

Marc Short, President
Freedom Partners

Jim Martin, Chairman
60 Plus Association

Susan A. Carleson, Chairman/CEO
American Civil Rights Union

Phil Kerpen, President
American Commitment

Dan Schneider, Executive Director
American Conservative Union

Sean Noble, President
American Encore

Thomas J. Pyle, President
American Energy Alliance

Coley Jackson, President
Americans for Competitive Enterprise

Peter J. Thomas, Chairman
Americans for Constitutional Liberty

Richard Manning, President
Americans for Limited Government

Grover Norquist, President
Americans for Tax Reform

Scot Mussi, President
Arizona Free Enterprise Club

John Tate, President
Campaign For Liberty

Kristin Fecteau, Co-Founder
Campaign to Free America

Tina Pisenti, Executive VP and COO
Cascade Policy Institute

Tom Brinkman Jr., Chairman
Coalition Opposed to Additional Spending and Taxes (COAST)

Lawson Bader, President
Competitive Enterprise Institute

Pete Hegseth, CEO
Concerned Veterans for America

Chris Prandoni, Interim Executive Director
Cost of Government Center

Thomas A. Schatz, President
Council for Citizens Against Government Waste

L. Brent Bozell III, Chairman
ForAmerica

Matt Kibbe, President and Founder
FreedomWorks

Evan Feinberg, President
Generation Opportunity

Michael Scupin, Vice President
Georgia Grassroots Coalition

Michael A. Needham, Chief Executive Officer
Heritage Action for America

Mario H. Lopez, President
Hispanic Leadership Fund

Kimberly Fletcher, President & Founder
HomeMakers for America Inc.

Carrie Lukas, Managing Director
Independent Women’s Forum

Heather Higgens, President and CEO
Independent Women’s Voice

Andrew Langer, President
Institute for Liberty

Seton Motley, President
Less Government

Colin A. Hanna, President
Let Freedom Ring

Dee Hodges, President
Maryland Taxpayers Association

Amy Ridenour, Chairman
National Center for Public Policy Research

Lew Uhler, President
National Tax Limitation Committee

Pete Sepp, President
National Taxpayers Union

Gov. Gary Johnson, Honorary Chairman
Our America Initiative

Kimberly Wold, Executive Director
Prosper

Andrew Moylan, Executive Director and Senior Fellow
R Street Institute

Mike Stenhouse, CEO
Rhode Island Center for Freedom and Prosperity

Paul Gessing, President
Rio Grande Foundation

William Whipple III, President
Secure America’s Future Economy

Teri Christoph, Director of Digital Media
Tami Nantz, Co-founder

Smart Girl Politics
Stephen Ellis, Vice President

Taxpayers for Common Sense
David Williams, President

Taxpayers Protection Alliance
Judson Phillips, Founder

Tea Party Nation
Brett Healy, President

The John K. MacIver Institute for Public Policy
Daniel Garza, Executive Director

The LIBRE Initiative
Morton Blackwell, Chairman

The Weyrich Lunch
Carl Bearden, Executive Director

United for Missouri
Rose Bogaert, Chair

Wayne County Taxpayers Association

50 Reasons to End the Export-Import Bank

Doug Sachtleben - April 20th, 2015

#50 – There are more than 30 active investigations of alleged fraud by Ex-Im bank employees.

Washington, DC – Today the Club for Growth is launching a new phase in its opposition to reauthorization of the Export-Import Bank. Each weekday the Club will tweet (@Club4Growth) a new reason why the Export-Import Bank, and its corruption and corporate welfare, should come to an end when the bank’s authorization ends on June 30, 2015.

“Congress must end the Export-Import Bank,” said Club for Growth President David McIntosh. “Nearly 99% of the U.S. businesses that export goods do so without any help from Ex-Im, and it’s a federal agency that is rife with corruption. I’m sure the handful of big corporations which benefit from Ex-Im can compete just fine without government handouts. With 10 weeks until Ex-Im’s reauthorization deadline, the Club wants to make sure Members of Congress and the public know why it should be left to die after June 30th. Typically, there are top 10 lists, but Ex-Im’s corporate handouts are so bad that we have the top 50 reasons to end it. ”

Tweet – #50 – 30+ instances of alleged FRAUD by #ExIm bank employees under investigation #EndExImhttp://bit.ly/1J2IF1s http://bit.ly/1HLVJ9N 

 

The Club for Growth is the nation’s leading group promoting economic freedom through legislative involvement, issue advocacy, research, and education.

Export-Import Bank on the Firing Line on Capitol Hill

Doug Sachtleben - April 15th, 2015

Washington, DC – The Club for Growth commented on today’s joint House committee hearing on the Export-Import Bank:

“One after another House Republicans exposed the hazards caused by the taxpayer-supported Export-Import Bank,” said Club for Growth President David McIntosh. “Widespread corruption, fraud, missing data, corporate welfare, and a federal agency competing against the private sector were all on the table today on Capitol Hill. Congressman Jim Jordan (OH) and Congressman Bill Huizenga (MI) deserve credit for chairing this joint hearing, which also exposed the fact that future indictments are possible in at least 31 open fraud investigations involving Ex-Im. As Chairman Jordan said, ‘This is an easy call. This Bank is corrupt and it should be eliminated.’ The Club for Growth agrees and continues to urge Members of Congress to not reauthorize the Export-Import Bank.”

The Club for Growth is the nation’s leading group promoting economic freedom through legislative involvement, issue advocacy, research, and education.

Paul Ryan on the Export-Import Bank: “Let it go”

Doug Sachtleben - March 27th, 2015

The Club for Growth stands with Ryan, McCarthy, Scalise, Hensarling, and many others in calling for an end to Ex-Im.

Washington, DC – The Club for Growth thanked Congressman Paul Ryan, Chairman of the House Ways and Means Committee, for his published remarks today on the Export-Import Bank. When asked by reporters what Congress should do about the bank’s authorization, which is scheduled to expire in June, Ryan said, “I think we should let it expire. Just let it go. Absolutely.”

 

“Paul Ryan has been a steady voice calling for an end to the Export-Import Bank, and its corporate welfare,” said Club for Growth President David McIntosh. “We’re delighted to stand with Chairman Ryan, House Majority Leader Kevin McCarthy, Majority Whip Steve Scalise, Financial Services Committee Chair Jeb Hensarling, the six Republicans – all looking at a possible run for the presidency – who spoke at the Club’s Winter Economic Conference, and many others who have said that Ex-Im should not be reauthorized. Ex-Im is another example of government trying to do what the private sector does best, and doing it badly. Like Congressman Ryan, we say of Ex-Im: ‘let it go.’”

The six Republicans who spoke out against the Export-Import Bank at the Club’s Winter Conference were former Governor Jeb Bush, Governors Bobby Jindal, Mike Pence, and Scott Walker, and Senators Ted Cruz and Marco Rubio.

 

The Club for Growth is the nation’s leading group promoting economic freedom through legislative involvement, issue advocacy, research, and education.