Political Quotes

On the recordJune 10, 2015
very briefly. Senators Ayotte and Kirk's amendment is coming up. There will be a motion to table. What we are trying to do is basically show support for the Ex-Im Bank, which is due to expire in June. We are trying to find a vehicle, a must-pass piece of legislation, to keep the Bank afloat. I think it is very important to the American economy that American manufacturers not be disadvantaged. The Ex-Im Bank makes money for the American taxpayer. China's Ex-Im Bank is larger than France, Germany, the United States, and England's combined. What does this mean to the average person? When a product is made in the United States and sold into the developing world without the Ex-Im financing mechanism available to American manufacturers, we are going to lose market share to other countries like China, France, Germany that produce wide-body jets and other products. Eighty-nine percent of the people who get help from the Ex-Im Bank are small businesses. This is an attempt to show the investor community and those who are watching this issue that the Senate is in support of the Bank. So I am urging a ``no'' vote on tabling. We had to do this procedurally. So this will be a signal to the markets that the Senate is in support of the Bank. I urge everyone who believes the Bank is vital to American exports and not against unilateral surrendering of market share to the Chinese and other competitors to vote no.…
Said by
Lindsey Graham
Republican · South Carolina
Source
govinfo.gov
Jun 10, 2015

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