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Wilson Statement on the Reauthorization of the Export-Import Bank

Statement

Date: Oct. 28, 2015
Issues: Business and Consumers Economy and Fiscal

Congressman Joe Wilson (SC-02) issued the following statement after voting to reauthorize the Export-Import Bank of the United States:

"I am grateful that the House of Representatives voted to reauthorize the Export-Import Bank to create jobs. More than 60 countries offer their own version of the Export-Import Bank, and it is critical that South Carolina's businesses have the same opportunity to compete in the global economy and create jobs, such Zeus of Orangeburg and Aiken, Prysmian of Lexington, AGY of Aiken, Thermal Engineering of Columbia, and Charleston Aluminum of Gaston," Wilson said.

"This institution is critical to leveling the playing field and allowing South Carolina businesses to remain competitive in an ever growing global economic market creating jobs for South Carolina families."

In 2014, the Export-Import Bank supported 164,000 jobs in the United States, and nearly 90 percent of its transactions benefited small businesses.


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