I am offering my bill, the Increasing American Jobs and Exports Act, as an amendment to H.R. 4863. Mr. Chairman, my amendment is simple. It will allow the Export-Import Bank to use up to 3 percent of its surplus profits per year for 5 years to open new regional offices. These additional offices will grow small businesses by assisting with their capital needs to increase their exporting capacity and job growth ability. This bill will grow American jobs, increase exports of American goods, and strengthen our local and regional economies around the country. The Export-Import Bank is important for our Nation. Over the last 10 years, it has supported more than 1.5 million jobs at absolutely no cost to the American taxpayer. The Bank has helped grow American jobs at no cost. It has even returned more than $3.4 billion to the United States Treasury. The Export-Import Bank helps grow American jobs, grow small businesses, and grow our economy. Trade and exports are important to my district and, specifically, to the Coachella Valley in the Inland Empire. The Inland Empire is one of the fastest growing economic regions in the United States and is a hub for international trade. The Riverside-San Bernardino region is 38th nationally in total export value and sixth in California in total export value. Let me remind everybody, California has the fifth-largest economy in the world.…
Share & report
More from Raul Ruiz
Russia's unprovoked, unjustified war on Ukraine threatens peace, democracy, and stability around the globe. However, what it does not do is break us, and it has not broken the people of Ukraine. Instead, the people of Ukraine have shown…
When I stood in John Lewis' presence, I stood in awe, in reverence, and with great respect. John Lewis was an extraordinary man of faith, perseverance, virtue, and kindness. He endured ridicule and beatings during his nonviolent fight…
As we stand here right now, our brave men and women overseas and our returning veterans continue to suffer the horrific health effects of their exposure to toxic burn pits. Burn pits are fields where tons of waste like jet fuel, plastics…
I am outraged that the CARES Act stimulus checks, the economic impact payments, have not arrived to many of my constituents months after being signed into law. The stimulus checks provide timely and critical relief to families and…





