Michael Bennet: “I want to take the opportunity to discuss the importance of reauthorizing the Export-Import Bank. Last month while in…”

“I want to take the opportunity to discuss the importance of reauthorizing the Export-Import Bank. Last month while in Colorado I had an opportunity to visit innovative businesses such as Coolerado, which creates energy-efficient air conditioners, Sandhill Scientific, which manufactures medical devices, and Leitner-Poma, which builds gondolas for ski resorts. They are building the gondola that is being installed in Vail this year to mark Vail's 50th anniversary. It was fun to see those American jobs being created for that great American industry. All of these companies rely on financing options from the Export- Import Bank to help them compete in the international marketplace. In fact, while visiting Coolerado, I actually saw an 18-wheel truck back up to the loading dock at Coolerado to load a bunch of their devices to be shipped to Europe as a consequence of the work they had done with the Ex-Im Bank. These are manufacturing jobs right here in the United States, stamped ``Made in America'' on the outside of these devices, and we have been unable to get this through the Senate. Coolerado used credit insurance from the Export-Import Bank to help enter the international market. As we emerge from the worst recession since the Great Depression, we should look for more opportunities to support the next Coolerado, Sandhill Scientific, or Leitner-Poma.…”