Bill to Reform and Reauthorize U.S. Export-Import Bank Passes House, Heads to Senate

Statement

Today, Congressmen John Mica (FL-07), Stephen Fincher (TN-08), Adam Kinzinger (IL-16), Frank Lucas (OK-03), Chris Collins (NY-27), Tom MacArthur (NJ-03) and Bob Dold (IL-10) released the following statement after the House overwhelmingly passed legislation to reform and reauthorize the Export-Import Bank of the United States by a recorded vote of 313-118:

"With 95 percent of the world's consumers living overseas, exports are essential to helping American small businesses seize opportunities for growth and prosperity. Today's vote was for the thousands of small businesses -- our nation's best job creators -- whose hands have been tied for months because they are unable to receive critical financing that allows them to break into emerging markets. When Ex-Im gives small businesses the resources they need to sell their products abroad, their employees, suppliers and communities succeed at home.

"The passage of this bill marks a historic day in the House. This is a win for small businesses, hardworking Americans and for rank and file Members who want to get things done for their constituents.

"With broad support for the Ex-Im Bank in both Chambers of Congress, we now call on Senate leadership to immediately advance this bill so we can provide American job creators with the certainty they need to tackle new markets, expand opportunities and create jobs."

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