There has been recent controversy over the U.S. Exim bank and the major issue was that its charter expired June 30, 2015. The bank was closed until after the U.S. House of Representatives summer recess (Chon 2015). Tea party republicans and Barak Obama deem Exim as a form of corporate welfare. Delta airlines feels that Exim is unfair because it subsidizes rival foreign airlines for purchasing Boeing jets. Obviously not everyone is happy with Exim, however even Barak Obama changed his tune after seeing Exim’s positive results for America (Wingfield 2015).
Exim’s reinstatement was contained in a highway funding bill and passed unanimously. My personal beliefs are, based on information from this class, Exim is a good thing for the U.S. and for