On the recordMay 10, 2012
on a strong bipartisan vote yesterday, the House passed a piece of commonsense, job-creating legislation--the reauthorization of the Export-Import Bank. We refer to it as the Ex-Im Bank legislation. For many years this legislation has helped American companies grow and sell their products overseas, creating tens of thousands of jobs. And for years the bank has enjoyed broad bipartisan support. It passed by unanimous consent on one occasion and by voice vote on another occasion. It is the perfect example of the kinds of smart investments Congress should be making to spur job growth. I hope the Senate will be able to quickly approve the House-passed measure today and do it by unanimous consent. I am optimistic that the 330-to-93 vote in the House yesterday will be enough to convince Senate Republicans they shouldn't hold up this legislation any longer--330 to 93. The process of reauthorization of the Export-Import Bank has taken too long. I hope we don't have to file cloture on this matter, but I will if we must. Let me remind my colleagues that the Senate considered reauthorizing this important legislation in March, 2 months ago. Senate Republicans had an opportunity to support the measure then. Instead, all but three opposed it and the measure failed. American exporters have already waited in limbo for 2 months to see whether Republicans will come around in backing this business-friendly, job-creating measure. Businesses shouldn't have to wait any longer.…





