On the recordMay 15, 2012
this amendment would force the Ex-Im Bank financing to increase its reserves by nearly 400 percent to maintain that 10-percent ratio. Basically we already have a board that audits third-party accountants, OMB, and a bank inspector general reviewing this. This amendment basically would take away from money that actually goes to the Treasury. This Ex-Im Bank has generated $3.7 billion for taxpayers since 2005. My colleague would rather have that put aside as opposed to helping us pay down the deficit. It has a reserve ratio that has worked for decades, worked successfully, and I like the fact that it helps us pay down the deficit. I urge my colleagues to vote no on the Corker amendment. The PRESIDING OFFICER. The question is on agreeing to amendment No. 2102.
