The bank, which has been around since 1934, will be forced to close down if it is not reauthorized before September 30, the last day of the fiscal year. Related: Obamas August Playbook: Own the Immigration Fix Conservative Tea Party Republicans in the House of Representatives view the bank as a government intrusion into what should be a private market function, and are hostile to renewal. McCarthy himself has suggested that the banks charter ought to be allowed to expire, and Rep. Jeb Hensarling (R-TX) who chairs the House Financial Services Committee, is also an adamant opponent. While other Republicans have expressed support for renewal, the banks fate in the House remains uncertain. Dan Holler, communications director for the conservative Heritage Action for America, thought it was noteworthy that McCarthy left the Export-Import Bank controversy off his memo. Related: McCarthy Rolls Over for Tea Party on Ex-Im Bank Republican leadership understands Ex-Im is not popular and its continued existence is hard to justify, Holler told the Fiscal Times. The real question for them is whether they quietly try to slip a reauthorization/extension by their base or they follow the leader of conservatives like chairmen Hensarling and [Paul] Ryan by allowing the Bank to expire. An aide to the House GOP leadership said that McCarthys memo provides a brief look at some of the bills that will come to the floor but is by no means comprehensive.
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Obama?s immigration situation - TriCities.com: Opinion/Columns
But talking it up is a political bonanza for Democrats, stirring up an otherwise listless and dispirited base. Last Monday alone the Democratic Congressional Campaign Committee raised more than $1 million from anti-impeachment direct mail. Apart from the money, impeachment talk energizes Democrats and deflects attention from the real-life issues that are dragging them down the economy, Obamacare, the failures of Obamas foreign policy. Everything, in other words, that has sunk Obama to 40 percent approval, the lowest ebb of his presidency. Theres an awful irony here. Barack Obama entered our national consciousness with an electrifying 2004 speech calling for healing the nations divisions and transcending narrow identities of race, region, religion, politics and ideology. Four years later, that promise made him president. Yet today he is prepared to inflict on the nation a destructive, divisive, calculated violation of the constitutional order and national comity for the narrowest partisan advantage.
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