SAN FRANCISCO (AP) — President Barack Obama is outlining new steps to boost U.S. exports during a visit to a Boeing assembly plant in Washington state on Friday. The president will call on Congress to continue financing a national export credit agency that’s crucial to his goal of doubling exports by 2014.
Obama was touring the Boeing facility in Everett at the end of a three-day West Coast trip.
Congress extended the Export-Import Bank’s funding through May of this year, but White House officials say the bank will reach its lending limit at the end of March.
Obama has pointed to the bank as a key player in helping promote exports.