us congress

us congress

Obama Unhappy With Congress over Export-Import Bank & Budget

1d ago
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How do issues like reauthorization of the Export-Import Bank and passing a balanced budget impact millennials? If you’re a millennial looking to get a good job in a strong economy or even start a business on your own, they can either give you a significant advantage on the world stage or set you back. While Congress is in the middle of its summer recess, President Obama expressed his displeasure with Congress’s failure to reauthorize the Export-Import Bank as well as pass a balanced budget. Obama believes their inaction has negatively impacted American jobs and the economy. Mark Harkins, Senior Fellow of the Government Affairs Institute at Georgetown University, discussed why failure to reauthorize the Export-Import Bank will put small businesses and, therefore, millennials at a serious disadvantage since most millennials start out working for small businesses. Ryan Gidusky, a Political Consultant and contibutor to Red Alert Politics, and Anthony Hennen, staff writer for Red Alert Politics, believe that while the issue of a Congressional budget may not gain a lot of traction, it has a huge impact on millennial down the road.