Political Quotes

“I rise to express my support for the Export-Import Bank and to encourage my colleagues in the Senate to take up and pass bipartisan legislation scheduled for consideration in the House next week that would reauthorize the Ex-Im Bank until September 30, 2019. The Export-Import Bank helps American companies export their goods and services across the globe, helping businesses grow and creating more demand for American manufactured goods and agricultural products. Over its 80-year history, the Ex-Im Bank has provided loans to help businesses start exporting, open new markets, and access new customers. The Bank provides insurance to help businesses protect their bottom lines if a foreign buyer fails to pay and works with private lenders to fill gaps in financing that helps close deals that simply would never happen without its support. Most importantly, the Ex-Im Bank does all of this at no cost to the taxpayers. In fact, it makes money. Just last year, the Bank generated a $675 million surplus to help reduce the deficit. The Ex-Im Bank helps level the playing field for American companies in a tough global market. Last year it supported more than $27.4 billion in U.S. exports and 164,000 jobs. More than $10 billion of that total--nearly 40 percent--represented exports by small businesses. The Ex-Im Bank is dedicated to serving small businesses in Michigan and across the country.…”