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Paul Tonko: You are most welcome. I thank the gentlewoman from New York for lending her voice to this discussion. As was made…

On the recordSeptember 29, 2015
You are most welcome. I thank the gentlewoman from New York for lending her voice to this discussion. As was made mention by the gentlewoman from New York, many small businesses, startups, innovative types, entrepreneurs, and medium-sized businesses utilize the Export-Import Bank. This is not just a tool for large industry. When we look at something like GE, when people say: ``Well, doesn't a large business, an industry like that, sit upon enough funds to make this happen, to make this contract work?'' they required for this contract on which they bid to have a government creditor to back up this bid. That means the Export-Import Bank. There are certain elements of this concept that are utilized for different contracts, and in this case, the government creditor status of the Export-Import Bank made the deal possible for GE. So, with that, we now move to a good friend, a very rigorous voice for his constituents in Minnesota and a very aggressive voice for job creation across this country. Representative Nolan, thank you for joining us for this Special Order. Madam Speaker, I yield to the gentleman from Minnesota (Mr. Nolan).
Said by
Paul Tonko
Democratic · New York
Source
govinfo.gov
Sep 29, 2015

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