On the recordOctober 6, 1997
First is, this is the Eximbank, not OPIC. Exim is not financing the Three Gorges project in China because of environmental concerns. Mr. Harmon, talking about small businesses and their involvement in this, says the small business programs at Eximbank will be decimated by the Rohrabacher amendments. He is the head of Eximbank. Exim has worked diligently over the last 4 years to simplify its small business programs. It has $2.4 billion in small business exports. But I would think that the people of the United States and the exporters in the United States would strongly oppose it because if his amendment passes, we will be at a competitive disadvantage. The argument has been made, and I agree with it, that we would lose money, lose jobs, to be sure, but even more important than that in my judgment, we would lose influence over those governments. The gentleman from California used the word 'adversaries,' why are we financing United States exporters who want to sell their goods or services to our adversaries.
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