With talk of Ex-Im’s reauthorization continuing, Ted Cruz said today he plans to use “any and all” tools possible to stop the agency from returning to life.
With talk of the Export-Import Bank’s reauthorization continuing on Capitol Hill, Sen. Ted Cruz said today he plans to use “any and all” tools possible to stop the 81-year-old agency from coming back to life.
Speaking to reporters in front of the U.S. Capitol today, Cruz, R-Texas, raised the prospect of filibustering a highway funding bill that could be used as a vehicle for Ex-Im’s reauthorization.
“I am willing to use any and all procedural tools to stop this corporate welfare, this corruption from being propagated,” Cruz said when asked if he would attempt to stop the advancement of the highway legislation if it included Ex-Im reauthorization.
Sen. Mike Lee, R-Utah, who joined Cruz, agreed.
“I think those of us who oppose it will continue to use any and all procedural tools at our disposal in order to oppose it,” he said.
The two senators were joined by Republican Study Committee Chairman Rep. Bill Flores, R-Texas, and House Freedom Caucus Chairman Rep. Jim Jordan, R-Ohio, as well as leaders of the Club for Growth, Senate Conservatives Fund, Heritage Action for America and Tea Party Patriots.
Ex-Im’s charter expired June 30, and conservatives in the House and Senate are working to ensure the bank is not reauthorized. However, Senate Democrats are working to attach an amendment reauthorizing Ex-Im to the highway funding bill.
The Highway Trust Fund expires July 31, and Congress is looking at legislation extending the highway funding bill—which has been dubbed a piece of “must-piece legislation”—for another five months.