Thursday, March 22, 2012

Republicans put future of US Eximbank future in doubt-lawmaker

* Washington state Democrat says bank renewal needed soon

* Calls House Republican bill a "rifle shot" aimed at Boeing

(Reuters) - Republican opposition to maintaining the nearly 80-year-old U.S. Export-Import Bank could soon force it to stop operations, dealing a blow to Boeing and other U.S. exporters, a Democratic lawmaker said on Thursday.

"I fear the future of the Eximbank is in doubt," Representative Jim McDermott, said in an speech to the Washington International Trade Association.

"We have to get the reauthorization done now, before the lights go out at the Eximbank in May."

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