Their bill would reauthorize Ex-Im for an unprecedented 10 years. This is a blatant effort to avoid reform and scrutiny from Congress. As the Competitive Enterprise Institute pointed out in a new paper on the Cramer-Sinema bill, “Ex-Im-related legislation would likely almost never appear on the congressional calendar if occasional reauthorization did not require it to.”
It also argues for a two-year reauthorization cycle, rather than 10 years–while noting that closing the bank altogether would be best. Read the whole editorial here.