Senate votes to revive Ex-Im

Senate votes to revive Ex-Im
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The Senate in a rare Sunday session voted to advance legislation reauthorizing the Export-Import Bank, which expired last month.

Over objections from conservatives, the Senate voted 67-26 to end debate on a measure to add language reauthorizing the bank’s charter to federal highway spending legislation. A vote to formally add the language to the highway bill will come later this week.

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The measure extending the bank’s charter for five years was offered by Sen. Mark KirkMark KirkGOP senator: Don't link Planned Parenthood to ObamaCare repeal Republicans add three to Banking Committee Juan Williams: McConnell won big by blocking Obama MORE (Ill.), one of the most vulnerable Senate Republicans up for reelection next year.

The vote split Senate Republicans.

All of the 26 "no" votes came from the GOP, while 24 Republicans voted to move forward with reauthorizing the bank.

No Democrats voted agains the bank. Democratic presidential candidate Sen. Bernie SandersBernie SandersWhat we know and don’t know about Trump’s healthcare plans Sanders to Trump: 'Women aren’t going back to second-class citizenship' Sanders: 'Amusing' that Trump attacked establishment sitting right behind him MORE (I-Vt.) opposes the bank but missed Sunday's vote to campaign.

Kirk said in a statement that bank supporters "cleared a major hurdle today."

"We are one step closer to keeping American jobs here in America and not lost to countries like China," Kirk said.
 
House conservatives oppose reauthorizing the bank, and House Republicans have also raised objections to the five-year highway spending bill, meaning the legislation faces an uncertain future in the House.

Sen. Ted CruzTed CruzTrump's America: Businessmen in, bureaucrats out When Trump says 'Make America Great Again,' he means it Booker is taking orders from corporate pharmaceuticals MORE (R-Texas) is the loudest opponent of the bank in the Senate. In a Friday floor speech, the presidential candidate accused Senate Majority Leader Mitch McConnellMitch McConnellTrump to meet with congressional leaders Monday: report Meet Trump's secret weapon on infrastructure Senate confirms first nominees of Trump era MORE (R-Ky.) of lying to him over the issue.

Cruz and fellow presidential candidates Sens. Rand PaulRand PaulDems blast Trump plans for deep spending cuts Trump team prepares dramatic cuts Paul, Lee call on Trump to work with Congress on foreign policy MORE (Ky.) and Marco RubioMarco RubioGOP, Dems hear different things from Trump Senate committee to vote Monday on Tillerson Tillerson met with top State official: report MORE (Fla.) voted no on Sunday, while Sen. Lindsey GrahamLindsey GrahamSchumer, Cardin to introduce legislation on Russia sanctions Graham says he will vote for Tillerson The Hill's 12:30 Report MORE (R-S.C.) voted yes.