Congressman Newhouse, I am very appreciative of you organizing this Special Order to discuss an issue that perhaps not many of our neighbors back home have had time to focus on and to have speakers from a variety of perspectives discuss what it really means in job creation, economic growth, opportunities in their home districts and their communities, the Export-Import Bank. I would be remiss if I didn't note to our colleagues, you and I are both farmers, and one of the common threads in agriculture throughout this great country is, since colonial times, we have always produced more than we could consume in this country. We have always had to sell our surplus in the world markets. That is the only way that we could maintain a healthy production agriculture, to have reasonable job opportunities, a reasonable standard of living in our agricultural communities. Export-Import touches on many of those issues, created in the 1930s as a tool to help all parts of the American economy have the credit and the ability to sell in the world markets. As a matter of fact, the concept is so practical, it has been so well-defined, as you and I both know, 50-plus other countries have the same type of a system to help their manufacturers, their producers, their economic interests do business into the outside world.…
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