Political Quotes

“The Export-Import Bank is a critical resource for small- and medium-sized businesses in Rhode Island's First Congressional District and all across this country. In fact, over the last 8 years, the Ex-Im Bank has provided more than $20 million in insured shipments, guaranteed credit, or disbursed loans for companies in my district, enabling them to export products valued at nearly $50 million. The Ex-Im Bank provides financing that enables these companies to access foreign markets, compete in the global economy, and create good- paying jobs here in America. American jobs are supported by the Ex-Im Bank, 164,000 American jobs. It generated $675 million for the taxpayers in 2014, and the default rate for the Ex-Im Bank was less than one-fifth of 1 percent, 0.175 percent. Support for the reauthorization of the Ex-Im Bank is bipartisan. 180 Democrats have signed a discharge petition to force a vote on reauthorizing the Ex-Im Bank before it expires on June 30, and many Republicans have publicly supported reauthorization. I have had the opportunity to meet with companies in my district that rely on the Ex-Im Bank, companies like the Cooley Group in Pawtucket that designs, develops, and manufactures a diversified industry-leading portfolio of premier engineered coated fabrics used across an array of industrial, commercial, and military applications. This issue is too important for the usual partisan politics that Washington has grown used to.…”