Tea Party Turns Sights on Export-Import Bank

The Washington Post reports the Tea Party’s new target is the Export-Import Bank, “the little-known government agency provides tens of billions of dollars annually in financing to help foreign buyers purchase U.S. planes, trucks and other goods.”

“What began as a pet issue for a handful of conservatives is now turning the GOP on its head. The fight over the obscure agency has pitted traditional lawmakers backed by big corporations against tea party conservatives, who, still fuming over bank bailouts of 2008, insist that supporting free markets is not the same as supporting business interests.”