[Congressional Record (Bound Edition), Volume 160 (2014), Part 8]
[House]
[Page 11048]
[From the U.S. Government Publishing Office, www.gpo.gov]




                           EXPORT-IMPORT BANK

  (Ms. DUCKWORTH asked and was given permission to address the House 
for 1 minute.)
  Ms. DUCKWORTH. Madam Speaker, last summer more than 100 businesses 
attended a forum I held in Schaumburg, Illinois, to learn more about 
the benefits of the Export-Import Bank of the United States. Since 
then, businesses in my district have told me time and again how the 
bank's services keep them competitive in the global marketplace and 
create good-paying American jobs. They know we need to reauthorize the 
Export-Import Bank now.
  For decades, the Export-Import Bank has helped American exporters 
sell their products overseas. It provides their financing, credit, and 
insurance to grow their businesses abroad when other options are simply 
not available. Last year, these investments led to $37.4 billion in 
exports that created more than 200,000 jobs right here in America.
  This week, a USA Today editorial stated:

       One of the most vexing economic developments in recent 
     decades has been the decline in manufacturing jobs. An 
     industry that employed nearly 25 percent of the workforce in 
     the 1970s today accounts for only 7.8 percent . . . The loss 
     of these jobs has reduced opportunities for people without a 
     college degree to move into the middle class.

  Madam Speaker, we can't abandon the American manufacturing and the 
American middle class. Bring up the bill I helped introduce, H.R. 4950, 
and let's reauthorize the Export-Import Bank.

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