On the recordSeptember 17, 2014
The Roanoke Times was one of those newspapers. It typifies what companies are saying, that ``to really increase manufacturing jobs, you need to increase exports.'' That is why we feel so strongly about this. The Roanoke Times also said: It's a global economy. Policymakers need to put U.S. manufacturers on an even playing field with foreign competitors in emerging markets, not take them out of the game. That is exactly what happens when we give a short-term reauthorization for 9 months. No deal of this size and magnitude with energy companies gets done in a 9-month period of time. It takes the bank basically 3 months just for the processing. The discussion of being at the table, closing the deal, and competing with your competitors takes much longer, and no one is going to be interested in closing a deal when they don't know whether the bank is going to continue to exist.…
