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Boeing: Porkless In Seattle


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BOEING: PORKLESS IN SEATTLE

Howard Gleckman's commentary "GOP magic: Trimmed budget, brimming trough" (Government, Sept. 4) leaves the impression that large U.S. corporations, such as Boeing Co., receive substantial "corporate subsidies"--often at the expense of small and midsize firms--from the Export-Import Bank. We disagree.

Boeing does not receive any U.S. government funding from the Ex-Im Bank--and never has. Ex-Im Bank loan guarantees to foreign airlines enable them to purchase U.S. aircraft, thus supporting hundreds of thousands of U.S. aerospace jobs at Boeing and its suppliers, large and small, nationwide.

Ron Woodard

President

Boeing Commercial Airplane Group

Seattle


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