Political Quotes

“My colleague from Washington, who has been a big proponent of the Export-Import Bank and a particular company that he was alluding to and talking about, knows, though, that this bill would apply to any aircraft that the Treasury authorizes for Iran. That includes the 17 Airbus planes for Iran Air. And he brought up, actually, offshore profits. Well, according to Bloomberg, Boeing has $800 million--$800 million in profits stashed offshore; and the reports are that Boeing is pursuing these deals with the Japanese bank already, not a U.S. bank. And apparently the company is less worried about this bill and that financing than my friend from Washington is. {time} 1900 So this is simply about saying that Iran does not have direct access to the U.S. financial system. I don't understand why my friends and colleagues on the other side of the aisle are so freaked out by that. This is simply about making sure that our banking system is not going to finance this deal indirectly or directly and that the use of the Export-Import Bank would be prohibited. This amendment says it is a sunset to this bill upon Presidential certification that Iran has ceased support of international terrorism-- a goal we all have. So if the President can support that and certify that, then this falls away. So we do not say that this deal is not allowed. We simply say that U.S. financial institutions cannot be used for this and that we cannot and will not use the Export-Import Bank--a U.S.…”