After several weeks of rancorous infighting over trade, Democrats are gearing up for the next policy fight—and this time, they say, they plan to stay united. But that won't matter if they can't get Republicans on board.
Democrats from every wing have called for saving the Export-Import Bank, which is set to expire at midnight Tuesday. But despite a vocal push to pressure House and Senate GOP leaders to bring a reauthorization bill to the floor, it's unclear if their united front will be enough to revive the bank when Congress returns in July.
The Export-Import Bank deals out loans to U.S. companies looking to do business overseas, which most Democrats and some business-friendly Republicans say is crucial to supporting thousands of jobs. But many conservatives, and a small handful of progressives, say it's classic government cronyism, with Washington choosing which businesses get assistance in their forays into foreign markets.
While it appears Ex-Im has clear majorities in the House and Senate, GOP leaders have yet to bring it to the floor with a chance for passage. Though a Senate vote may take place in July, House conservatives are pressing their leaders not to allow it to move forward. Speaker John Boehner has said the bank should not simply expire, saying reforms or a slow wind-down would be a better option to protect the jobs it supports. But Majority Leader Kevin McCarthy and Whip Steve Scalise, his top two lieutenants, both favor the bank's expiration.