Political Quotes

“Today we have Democrats on the Financial Services Committee here where we have gathered on the House floor to talk about the Export-Import Bank, which supports hundreds of thousands of jobs and levels the playing field so that American businesses, large and small, can compete successfully in the global markets. Tomorrow, Speaker Boehner and the Republican leadership will leave town for a 5-week congressional recess, and legislation to renew the Export-Import Bank hasn't even seen a vote in our committee. When we return in September, there will be just 10 legislative days to renew the bank before its charter lapses on September 30. This ideological push to abolish the Ex-Im Bank is an irrational crusade to destroy an agency that supports hundreds of thousands of jobs and propels economic recovery without costing taxpayers a dime. The result could be the end of an institution that, over the past 5 years, has supported 1.2 million private sector American jobs, and over 200,000 jobs last year alone. Additionally, the Ex-Im Bank reduced our deficit by returning over $1 billion to taxpayers last year alone through interest and fees. Still, critics of the bank say it is a risk to taxpayers, that it picks winners and losers, and that it interferes in the free market and, therefore, creates a less efficient economy. For all of those reasons, it should be abolished, they say.…”