The GOP’s missed opportunity on corporate welfare
Republicans in Washington are not doing much to differentiate themselves from the Obama Administration on the issue of reducing government spending and putting America on a sound fiscal footing. The most recent example, as detailed by Tim Carney in the Examiner, involves the Export-Import Bank, a prototypical example of corporate welfare.
Rather than consistently opposing Solyndra-like programs of taxpayer-funding of corporations, the GOP leadership decided to increase the program’s size by 40%. Sure, many of the rank and file conservatives opposed House Leadership and voted against the bill, but all New Mexico House members (including Pearce) went along with the added corporate welfare.
Sure, Obama is a bad President that has expanded the federal government to unprecedented levels, but why are Republicans helping him?