Rubén Hinojosa: “The Export-Import Bank is a vital free market, economic engine for our manufactures, producers, and exporters.”

In 2009, prior to ACA, 40 percent of the families in my congressional district were uninsured. Today, in 2016, only 20 percent are uninsured.

This H.R. 692 is nothing but default by another name. Moreover, adding insult to injury, H.R. 692 mandates that we pay foreigners instead of American servicemembers and veterans.

We sell our families short when we accept that high-interest loans are the best we can do for our communities.

I thank the gentleman. I gladly accept his offer, and I look forward to working together to promote financial literacy, especially with respect to auto financing. Mr. Chairman, I urge my colleagues to support H.R. 1737.