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JOHN E. SUNUNU

Pro-subsidy does not equal pro-business

By John E. Sununu

 |   

  May 13, 2012

During 2010, the Tea Party got the attention, but the election revolt against bailouts, subsidies, and spending came from all sides. Voter sentiment hasn’t changed much — but you wouldn’t know that from the action on the House floor last week, when renewing Export-Import Bank subsidies for big business was the order of the day. If the overwhelming vote to reauthorize the bank is any guide, many in Congress think the widespread disdain for subsidies has run its course.

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