On the recordNovember 5, 2015
finally we see the light at the end of the tunnel, and it is not a train. It is, in fact, the eventual and necessary passage of the Ex-Im reauthorization bill. As you know, last week the Ex-Im bill passed the House by a vote that was 72 percent in favor. We have been told for months and months as we debate the Ex-Im Bank that this bill could not possibly pass the House as a stand-alone bill. Remarkably, when that myth was put to the test, we found out that not just 51 percent, but 72 percent of the House supports reauthorization of the Ex-Im bill. Last night we faced another challenge for the Ex-Im bill which was, in fact, a series of amendments on the Ex-Im portion of the Transportation bill. Once again, we exceeded expectations by having supermajorities on almost--in fact, all of these amendments suffering defeat at a very wide margin. So now what we know is we have a bill that continues to have broad-based support and continues to represent the necessary steps that need to be taken to reauthorize and reopen the Ex-Im Bank. Let's just recount history. The Export-Import Bank has been closed for over 3 months, preventing needed support for small business across the country. Many of those small businesses--guess where they are? They are in States such as North Dakota.…
Source
govinfo.gov




