Blaine Luetkemeyer: “I thank the gentleman from California (Mr. Miller), and I rise today in support of H.R. 2072, the Securing American Jobs…”

“I thank the gentleman from California (Mr. Miller), and I rise today in support of H.R. 2072, the Securing American Jobs Through Exports Act. There's been a lot of distracting talk surrounding reauthorization of the Export-Import Bank. So I would like to be clear.This is a jobs bill. The Ex-Im financing helps provide jobs for employees of U.S. manufacturers and small businesses, all at no cost to taxpayers. In fact, this government program actually makes money and returns it to the Treasury. Critics say that Ex-Im lending only benefits the Nation's largest corporations, but this is simply not the case, as the minority whip just indicated a moment ago. I have 5 companies in my district that benefit from Ex-Im Bank financing. Not one of them is a multinational corporation and none have received millions and millions and millions of dollars. It's because of the support of Ex-Im that they have been able to grow their businesses, hire employees, and increase their exports. One of those small businesses had this to say about Ex-Im: For the last 5 years, Ex-Im has supported 17 percent of our export sales. That converts to 10 full-time jobs for 5 years. Our employees and their families rely on Ex-Im financing to support our export sales. This isn't the testimony of a Fortune 100 CEO. This is the voice of a family-run, multigenerational small business that relies on Ex-Im to help manage the risk of extending credit to buyers outside the U.S.…”