Monday, July 9, 2012

Conservatives make it rough for business

WASHINGTON – Conservative Republicans have roughed up the business community this year — and it's not over yet.

The U.S. Chamber of Commerce, the National Association of Manufacturers and major companies like Boeing Co. and Caterpillar Inc. all wanted quick reauthorization of the Export-Import Bank, which helps finance American companies' overseas sales. Congress had reaffirmed the independent federal agency some two dozen times since its creation in 1934. But this year it took months of pleas, briefings and negotiations to overcome conservative opposition...

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