On the recordJuly 23, 2014
Earlier this month, I was honored to bring together New Hampshire business leaders to discuss the importance of the Export-Import Bank and to call for its immediate reauthorization. I thank leaders from BAE, Boyle Energy, Conductive Components, and other Granite State employers for joining this important discussion on how supporting U.S. exports grows our economy and creates good jobs here at home. The Export-Import Bank provides essential risk management services to American businesses selling their products in an unstable global economy. Dozens of Granite State firms have used these services, which have supported over $350 million in New Hampshire exports in recent years, and in New Hampshire's Second Congressional District, the top destination for American exports is China. Because of the Export-Import Bank, more consumers across the world are buying goods stamped ``Made in America,'' and more American families are able to make it here in America. Granite State exporters, like Mountain Corporation, Arch Energy, and Centorr Vacuum are counting on Congress to act, but time is running out. In just over 2 months, authorization for the bank will expire, and I have heard from New Hampshire exporters who are already losing business because of uncertainty over the bank's future. So let's renew this commonsense program that grows our economy, reduces the budget deficit, and helps create jobs. ____________________
