[Congressional Record (Bound Edition), Volume 160 (2014), Part 10]
[House]
[Page 14881]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              {time}  1230
                           EXPORT-IMPORT BANK

  (Mr. GARCIA asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. GARCIA. Madam Speaker, as someone who was born and raised in 
south Florida, I know Miami thrives on investment exports and economic 
development provided by the Export-Import Bank facilities--the Ex-Im 
Bank.
  This organization will lose its authorization unless Congress acts. 
It is crucial to fueling a prosperous economy, not only in south 
Florida but the entire country.
  In 2013 alone, the Ex-Im Bank supported an estimated $37.4 billion of 
U.S. exports and helped sustain more than 200,000 jobs. This is key. In 
my own district, 300 million exports since 2007.
  As a percentage of the GDP, China and India provided roughly three 
times as much financing as we did. We need to reauthorize the Ex-Im 
Bank to create jobs and keep our exporters in competitive foreign 
markets.
  I urge my colleagues to join me in working to reauthorize the Ex-Im 
Bank. This is an issue too important in the economy for partisan 
politics.

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