Dingell Applauds House Passage of Job-Creating Export-Import Bank Reauthorization

Statement

Today, Congresswoman Debbie Dingell (MI-12) and a bipartisan majority in the House of Representatives voted to support the reauthorization of the job-creating Export-Import Bank and override a faction of Republicans who refused to allow a vote before the bank's authority expired on July 1, 2015. Since the bank's authority lapsed, hundreds of jobs have been shipped overseas and thousands of businesses have lost access to new lines of capital needed to export their products. The legislation passed the House today by a vote of 313 to 118 and now moves to the Senate for consideration.

"The American people are tired of partisan bickering, and I believe they want us to work together on the issues facing this country," said Dingell. "They want us to support manufacturing, grow our economy and help create good jobs here at home. The Export-Import Bank is a vital tool to support that mission. For the past 80 years, the bank has played a critical role in helping U.S. businesses compete on a level playing field with our foreign competitors. In fact, the bank has helped 228 Michigan businesses, the majority of which are small businesses, export $11 billion worth of goods overseas -- all while actually making money for taxpayers. We have to ensure this continues. It is my hope that the Senate will act immediately to reauthorize the bank so we can support our local businesses and the jobs they create."

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