Political Quotes

On the recordMay 9, 2012
The important point is, let's vote for this bill. Dear Representative Dicks: I write to ask for your support for H.R. 2072, the Securing American Jobs Through Exports Act of 2011, which reauthorizes the U.S. Export-Import (EXIM) Bank. EXIM is the official export credit agency of the U.S. and assists U.S. businesses in financing the export of goods and services around the world. EXIM's charter expires on May 31, 2012 and failure to reauthorize its operations in the weeks ahead could put at risk billions of dollars in U.S. exports and tens of thousands of American jobs. Thanks to the efforts of Congressman Cantor, Congressman Hoyer and numerous Members of the House, H.R. 2072 is bipartisan legislation authorizing EXIM to operate for the next three years and raising the Bank's lending authority to $140 billion. The legislation also contains a number of important initiatives and reforms that will strengthen Congress's ability to oversee the Bank's operations and improve the transparency of the Bank's transactions. Reauthorization of EXIM is backed by a wide range of associations and third parties including the National Association of Manufacturers, the IAM, the U.S. Chamber of Congress and the Business Roundtable. Support for EXIM reauthorization translates into U.S. jobs. In Fiscal Year 2011, the Bank reports that it supported more than $40 billion in exports helping to create or sustain an estimated 290,000 direct and indirect U.S.…
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Norman D. Dicks

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