Export-Import Bank Reauthorization

Floor Speech

Mr. Speaker, I rise today because we must pass a long-term reauthorization for the Export-Import Bank of the United States.

The Ex-Im Bank provides small and large U.S. businesses more job-creating opportunities to sell their products internationally. By providing loans and financing, the Ex-Im Bank has helped U.S. businesses compete in international markets that has generated over $266 billion in export value.

Since 2007, businesses in California's 16th District in the San Joaquin Valley, which I represent, has helped finance tens of millions of dollars of loans' worth of exports that have created jobs in the Valley. The Export-Import Bank supports American jobs and helps level a playing field in the face of fierce competition that we experience from countries in Asia and around the world.

Rather than kick this can down the road, we must pass a long-term reauthorization for the Export-Import Bank. This issue has never been a partisan issue and nor should it be so today. We ought to be doing our jobs and working together.

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