Support American Workers, Support the Export-Import Bank
WASHINGTON -- U.S. Representative Mike Quigley (IL-05) urged his colleagues on the House floor to support American small businesses and workers by supporting the Export-Import Bank as part of the long-term highway bill this week.
Below is a video and transcript of the speech.
Last week the House finally came to its senses and overwhelmingly passed the reauthorization of the Export-Import Bank.
I’m encouraged to see that it has been included in the long-term highway bill we’ll be considering this week.
We know the Ex-Im bank helps American businesses gain access to critical markets overseas and is a vital piece of our export strategy.
But thanks to the vocal minority, the Bank’s charter expired for the first time in its history on July 1st.
This doesn’t just hurt the likes of Boeing or GE. It hurts the small businesses on the side streets—many of which are minority and women-owned.
Last year, nearly 90 percent of Ex-Im transactions directly supported small businesses without costing taxpayers a penny.
That’s why I urge all 313 Members who voted for Ex-Im reauthorization to oppose any attempts in the highway bill that significantly weaken or eliminate the Bank.
Now is the time for supporters to stop standing on the sidelines and start standing up for American workers and exporters.
Thank you, and I yield back.