[Congressional Record Volume 161, Number 74 (Thursday, May 14, 2015)]
[House]
[Page H2971]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
EXPORT-IMPORT BANK
(Mr. PAYNE asked and was given permission to address the House for 1
minute.)
Mr. PAYNE. Mr. Speaker, once again, we are seeing a dose of
demagoguery from the Republican leadership, who continue to threaten
the elimination of the Export-Import Bank.
The Ex-Im Bank ensures that American companies of all sizes have
access to financing for the export of American goods, from electronics,
to medical equipment, to smartphones and cases of soap. These exports
contribute to the strength of the economy and support millions of
American jobs. In fact, since 2009, the bank has supported 1.3 million
private sector jobs.
Republican threats to eliminate the bank are threats to American
workers, manufacturers, and our economy. Last year, New Jersey exported
$36.8 billion in merchandise. Failure to reauthorize the Ex-Im Bank
would put billions of dollars in New Jersey exports at risk.
I urge my colleagues to reauthorize the Ex-Im Bank.
____________________