Ted Cruz calls them out on the floor

[jeremy1375]

Let's explore the importance of this issue further and it's actual impact on the annual budget. The CBO projections for the EXIM bank are a $2 billion loss for one accounting method and a $14 billion profit using a different method for the next decade. If we assume the absolute worst which isn't the norm in it's 85 year history, that would be a loss of $200 million a year. That would be roughly 0.005% of the annual US budget. To put that into perspective, that would be $2.50 to a person with a $50k annual budget. Tell me why more than 0.005% of time is being spent on the matter and why anyone thinking about the big picture should care.

The entire issue is another symbolic yet meaningless fight sponsored by the Tea Party.