Capitol Bell – Lawmakers move to stop government from giving taxpayer-backed financing to Iran

Capitol Bell – Lawmakers move to stop government from giving taxpayer-backed financing to Iran

The Daily Signal
June 28, 2016
It’s a cloudy day on Capitol Hill, where new clouds over the Iran nuclear deal prompt 14 congressmen to offer a bill that would prohibit a U.S. bank from giving taxpayer-backed loans to the Islamic regime. Melissa Quinn has the scoop. With the Brexit vote fresh, Josh Siegel reports, House Speaker Paul Ryan proposes a special trade agreement with the United Kingdom. And Congress needs to learn how to cut the cost of college, Mary Clare Reim writes.

Lawmakers move to stop government from giving taxpayer-backed financing to Iran. Rep. Peter Roskam, R-Ill., and other Republican lawmakers are working to ensure that taxpayers aren’t on the hook for financing that could end up benefiting Iran and its state-owned entities. Roskam introduced legislation Tuesday prohibiting the federal Export-Import Bank from providing assistance either directly or indirectly to Iran and associated entities, including its state-run airline, Iran Air, reports The Daily Signal’s Melissa Quinn.
After Brexit, Paul Ryan calls for ‘special’ trade deal with Britain. House Speaker Paul Ryan is calling for the United States to engage in a free trade agreement with the United Kingdom once it completes the process of separating from the European Union. Seeking to preserve the “special relationship” between the two nations, Ryan, R-Wis., said the U.S. should pursue a unique trade partnership with the U.K.
Here are 3 higher education proposals that don’t cut it. The House Education and Workforce Committee recently marked up proposals concerning higher education. Instead of using the opportunity to address the drivers of tuition inflation or encourage innovation in the sphere of higher education, the proposed reforms maintain an open spigot of federal college subsidies, writes The Heritage Foundation’s Mary Clare Reim.
What we’re reading: “Britain’s historic referendum on its membership in the European Union ended early on Friday morning with a clear result: 52 percent of the British people, a margin of more than 1.2 million voters, wanted to exit the EU. Brexit is a reality, and, as a result, Prime Minister David Cameron, who led the campaign to keep Britain in, has resigned. To listen to the intelligentsia scream about this, you would think that Britain has done something dangerous. But Britain’s going to stay in NATO. It’s not going isolationist. It’s not going to stop buying, selling and investing around the world,” writes The Heritage Foundation’s Ted Bromund in U.S. News & World Report.
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