On the recordOctober 29, 2015
it is not always easy to get a majority of Congress to agree on something. But when it comes to the Export- Import Bank, the numbers are now clear. Three days ago, the House easily passed a bill to reauthorize this critically important program, 313 to 118. Months before that, here in the Senate, we approved reauthorization 64 to 29. That is a supermajority in both Chambers, so no one should think we should not be able to pass this. But right now, the will of a bipartisan supermajority is being blocked by Senate Republican leaders who have so far refused us the opportunity to act. This lack of movement on this critical issue is unacceptable, and people across the country are not going to stand for it. Every single day that passes without this program in operation, America's businesses--most of them small businesses--are at a disadvantage. That is because one of the main goals of the Export- Import Bank is to level the playing field for American companies to sell their goods overseas. There are 60 other export credit agencies worldwide, including several in China. While companies around the world are enjoying the support of their own lending programs, this Congress allowed one of its best tools to grow the economy to go dark. That is now hurting our economy at a time when we should be continuing to work to build and grow and create jobs.…





