Jordan Q/A reveals bankrupt Ex-Im-backed company could cost taxpayers $150 million
June 11, 2015
During a hearing today before the House Committee on Oversight and Government Reform Subcommittee on Health Care, Benefits, and Administrative Rules, Export-Import Bank Acting Inspector General Mike McCarthy revealed that American taxpayers could be on the hook for $150 million after an Ex-Im Bank-backed Australian satellite company NewSat declared bankruptcy.
VIDEO of Rep. Jordan's opening statement: https://youtu.be/ticoaO4DKRE
TEXT of Rep. Jordan's opening statement: http://goo.gl/hQqgAm
VIDEO of Rep. Jordan's Q/A with Ex-Im Bank Acting Inspector General Mike McCarthy (first Q/A): https://youtu.be/GeOCWPDtK1M; (second Q/A): https://youtu.be/e8zxPwyFVBw
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Issues:Government Reform