Political Quotes

On the recordJuly 15, 2015
First, I want to take a moment to thank Congressman Newhouse and my colleague from New York, Congressman Collins, for spearheading and organizing this Special Order. I also thank Congressman Fincher for all of his work and leadership on H.R. 597. Mr. Speaker, I stand today to express my support for the reauthorization of the Export-Import Bank and of H.R. 597, of which I am a proud original cosponsor. H.R. 597 would reform and reauthorize this critical institution. For the last 80 years, the Export-Import Bank has helped facilitate exports on behalf of thousands of businesses and has created jobs in all 50 States. Failing to reauthorize the Ex-Im Bank would create a stark disadvantage for our country's businesses and cause significant job loss. In fact, over 40 other nations have an export credit agency. If America's is not reauthorized, our Nation would be the only country in the top 20 economies in terms of GDP not to have one. As I travel throughout my district, I hear from manufacturers who are directly impacted by the Ex-Im Bank. For example, the Plattco Corporation out of Plattsburgh, New York, has been in operation since 1897 and specializes in valve engineering for a wide variety of industrial applications. Through innovation and expertise, this small business has become the industry standard, and their products are sold in over 50 countries around the world.…
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Elise Stefanik
Republican · New York

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