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Sunday, July 18, 2010

postheadericon Rejecting U.S. deals and jobs undermines goal of doubling exports

To speed up economic growth and job creation, President Obama has proposed expanding federal assistance for businesses that export, working toward a national goal of doubling U.S. exports within five years.

Why then has one of the federal government's most useful trade-promotion agencies, the Export-Import Bank, had such a difficult time approving projects that could deliver billions of dollars of exports business and thousands of jobs to companies in the United States?

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