• Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • US NEWS
  • America First
  • Opinion
  • World News
  • Second Amendment
Monday, July 7, 2025
Illinois Review
  • Login
  • Register
  • Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • US NEWS
  • America First
  • Opinion
  • World News
  • Second Amendment
No Result
View All Result
  • Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • US NEWS
  • America First
  • Opinion
  • World News
  • Second Amendment
No Result
View All Result
Illinois Review
No Result
View All Result
Home Illinois News

Ex-Im: Still “Boeing’s Bank”

Illinois Review by Illinois Review
September 7, 2018
in Illinois News
Reading Time: 2 mins read
A A
0
26
SHARES
431
VIEWS
Share on FacebookShare on Twitter

Afplivefive956748

You might also like

Chicago AM560 Axes Local Morning Radio Personality Amy Jacobson, Keeps Florida-based Host in Cost-Cutting Move

JB Pritzker Receives 2% in Presidential Poll, Ranks Lowest in Minority Support Among Democrats

Trump’s Jobs Boom Skips Illinois—Thanks to Pritzker’s Tax Hikes

If government doesn’t hand out money to large corporations, then who will? Since 2015, the board of the Export-Import Bank has lacked the quorum it needs to approve loans over $10 million. That, report Veronique de Rugy and Justin Leventhal, has produced a very modest shift in how this government-sponsored enterprise distributes its largesse. Despite this shift, they write, Ex-Im is still “Boeing’s Bank.”

From fiscal year (FY) 2007 through FY 2017, 34 percent of all aid provided by the Export-Import (Ex-Im) Bank went to just one exporter: Boeing. This makes Boeing the single largest beneficiary of Ex-Im Bank support. For comparison, all small business authorizations combined in this 10-year period totaled only 22 percent of Ex-Im Bank aid.

While the Ex-Im Bank had a quorum, from FY 2007 through FY 2014, small businesses received only 20 percent of support provided by the Ex-Im Bank. Minority-owned businesses and female-owned businesses fared even worse, at 2 percent and 1 percent, respectively.

While small business allocations have shown significant increases since the Ex-Im Bank’s quorum lapsed, allocations to minority-owned and female-owned businesses have seen far more modest improvements. From FY 2015 through FY 2017, the portion of support directed to small businesses increased to 38 percent of all Ex-Im Bank support, the portion directed to minority-owned businesses increased to 6 percent, and female-owned businesses’ share grew to 3 percent.

[Veronique de Rugy and Justin Leventhal, “Ex-Im: Still ‘Boeing’s Bank,’” Mercatus Center, August 31]

Related

Tags: Illinois Review
Share10Tweet7
Previous Post

Good Riddance to Rahm Emanuel

Next Post

Time to end Supreme Court nominee hearings?

Illinois Review

Illinois Review

Recommended For You

Chicago AM560 Axes Local Morning Radio Personality Amy Jacobson, Keeps Florida-based Host in Cost-Cutting Move

by Illinois Review
July 1, 2025
0
Chicago AM560 Axes Local Morning Radio Personality Amy Jacobson, Keeps Florida-based Host in Cost-Cutting Move

By Illinois ReviewIn a shocking cost-cutting move Tuesday, Chicago’s AM560 The Answer terminated longtime morning host Amy Jacobson, as the struggling conservative station grapples with declining relevance –...

Read moreDetails

JB Pritzker Receives 2% in Presidential Poll, Ranks Lowest in Minority Support Among Democrats

by Illinois Review
June 30, 2025
0
JB Pritzker Receives 2% in Presidential Poll, Ranks Lowest in Minority Support Among Democrats

By Illinois ReviewIn one of the first nationwide hypothetical polls for the 2028 Democratic presidential primary, Illinois Governor and billionaire JB Pritzker ranks at the bottom, receiving the...

Read moreDetails

Trump’s Jobs Boom Skips Illinois—Thanks to Pritzker’s Tax Hikes

by Thomas Mccullagh
June 26, 2025
0
Trump’s Jobs Boom Skips Illinois—Thanks to Pritzker’s Tax Hikes

Illinois is missing out on Trump’s U.S. manufacturing boom. While other states welcome new factories, Pritzker’s tax hikes and regulations keep businesses out—and force longtime employers to leave.

Read moreDetails

Opinion: We’ll Save You If We See You Burning

by Janelle Powell
June 21, 2025
0
Opinion: We’ll Save You If We See You Burning

By Janelle Powell, Opinion ContributorIn a dazzling display of bureaucratic brilliance, the City of Chicago has rolled out a new policy for the Chicago Fire Department that essentially...

Read moreDetails

Caught Off Guard: Pritzker Left Speechless on Women’s Restroom Question Amid Sanctuary City Testimony

by Illinois Review
June 12, 2025
0
Caught Off Guard: Pritzker Left Speechless on Women’s Restroom Question Amid Sanctuary City Testimony

By Illinois ReviewIllinois Gov. JB Pritzker testified Wednesday before the U.S. House Oversight and Government Reform Committee alongside fellow sanctuary city governors – occasionally appearing visibly stunned and...

Read moreDetails
Next Post

Time to end Supreme Court nominee hearings?

Please login to join discussion

Best Dental Group

Related News

IL Freedom Caucus calls on Lurie Children’s Hospital to cease gender services for kids

October 27, 2022

Beckman: Is the Brigham Young University racial slur controversy another hoax?

October 27, 2022

Salvi polling shows closer race

October 27, 2022

Browse by Category

  • America First
  • Education
  • Faith & Family
  • Foreign Policy
  • Health Care
  • Illinois News
  • Illinois Politics
  • Opinion
  • Science
  • Second Amendment
  • TRENDING
  • US NEWS
  • US Politics
  • World News
Illinois Review

© 2024 llinois Review LLC Editor in Chief Mark Vargas Publisher Thomas McCullagh Chief Counsel Scott Kaspar

Navigate Site

  • Checkout
  • Home
  • Home – mobile
  • Login/Register
  • Login/Register
  • My account
  • My Account-
  • My Account- – mobile

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • Health Care
  • US NEWS
  • America First
  • Opinion
  • TRENDING
  • Education
  • Foreign Policy
  • Second Amendment
  • Faith & Family
  • Science
  • World News

© 2024 llinois Review LLC Editor in Chief Mark Vargas Publisher Thomas McCullagh Chief Counsel Scott Kaspar

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?