[Congressional Record Volume 161, Number 163 (Tuesday, November 3, 2015)]
[House]
[Page H7399]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
EX-IM BANK REAUTHORIZATION
(Mr. QUIGLEY asked and was given permission to address the House for
1 minute.)
Mr. QUIGLEY. Mr. Speaker, last week the House finally came to its
senses and overwhelmingly passed the reauthorization of the Export-
Import Bank. I am encouraged to see that it has been included in the
long-term highway bill we will be considering this week.
We know the Ex-Im Bank helps American businesses gain access to
critical markets overseas and is a vital piece of our export strategy.
But thanks to the vocal minority, the Bank's charter expired for the
first time in its history on July 1.
This doesn't just hurt the likes of Boeing or GE. It hurts small
businesses, many of which are minority-and women-owned.
Last year nearly 90 percent of the Ex-Im transactions directly
supported small businesses without costing taxpayers a penny. That is
why I urge all 313 Members who voted for Ex-Im reauthorization to
oppose any attempts in the highway bill that significantly weaken or
eliminate the Bank.
Now is the time for supporters to stop standing on the sidelines and
start standing up for American workers and exporters.
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