It's Christmas on K Street
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Christmas! It's that magical season when Republicans and Democrats come together to look after the needs of corporate America, K Street lobbyists, and the U.S. Chamber of Commerce.
Look at the legislation moving through Congress today, and you'll see why corporate lobbyists are full of holiday cheer.
{{#rendered}} {{/rendered}}This week, Congress will pass a long-term highway bill. The highway measure is a huge win for industry while a loss for good governance. Far worse, however, is the unrelated rider on the bill: A provision reviving the defunct Export-Import Bank, a corporate-welfare agency that used to subsidize foreign buyers of U.S. goods, primarily Boeing jets.