Export-Import Bank Reform and Reauthorization Act of 2015

Floor Speech

Date: Oct. 27, 2015
Location: Washington, DC

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Mrs. BEATTY. I thank Ranking Member Waters.

Mr. Speaker, here is what I know.

The American people are clamoring for us to do our job and work together to help hard-working American families get ahead. We can do that today by reviving the Export-Import Bank, a job-creating organization that reduces the Federal debt--with no subsidies, with no taxpayers' money.

Last night my caucus and some Republicans joined together to force today's vote on reviving the Export-Import Bank. Why? Because it creates jobs. It helps small businesses, female-owned businesses.

It is so important today for us to do this. I know it firsthand, Mr. Speaker, because, in my district alone, there are 14 businesses, including eight small businesses, one minority owned and one female owned. The Export-Import Bank supports some $71 million in exports--and here is the key--at no cost to American taxpayers.

We have heard a lot today, some misinformed, some misleading. So here is what I think, as the evidence is clear, Mr. Speaker: Let us renew the Bank's charter without delay.

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