Bachmann Slams Effort to Reauthorize Export-Import Bank

GOP's Attack on Export-Import Bank Alarms Business Allies (Wall Street Journal)

Mounting opposition among House Republicans to reauthorizing the Export-Import Bank is stirring alarm among business groups, adding new tensions to a long-standing alliance with the GOP that has grown increasingly shaky with the rise of tea-party-aligned lawmakers.

Business owners and trade groups already frustrated this year by the House's inaction on an immigration overhaul pushed back this week against the latest evidence of conservative lawmakers dismissing industry priorities. The U.S. Chamber of Commerce and the National Association of Manufacturers have made reauthorizing the agency, which helps support U.S. exports, one of their top goals.