ICYMI: Business Roundtable Urges Congress To Reauthorize Ex-Im

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John Engler, President of the Business Roundtable, sent a letter to the House of Representatives urging them to vote for reauthorization of the Export-Import (Ex-Im) Bank.

 

Engler said, “In the face of fierce foreign competition, it is critical for Congress to restore a level playing field for U.S. companies and workers by reauthorizing Ex-Im Bank.”

 

To learn more about how the Ex-Im lapse has hurt job creators in all 50 states, please click here.

 

Read below for more from Engler’s letter.

 

~Jared

 

Ex-Im Is A “Vital Tool” For Supporting U.S. Jobs And Growing The U.S. Economy. “Ex-Im Bank is a vital tool for promoting U.S. businesses of all sizes and American jobs in the competitive, global marketplace. Passage of H.R. 597 would help expand U.S. exports, create and support American manufacturing and jobs, and grow the U.S. economy.” (John Engler, “Business Leaders Urge House Vote To Reauthorize The Export-Import https://exportersforexim.org/files/2015/10/bank of the united states,” Business Roundtable, 10/27/2015)

 

House Should “Seize On This Opportunity” To Support U.S. Businesses. “Given the challenging global economic conditions and forecasts, the House should seize on this opportunity to support U.S. growth and jobs and help U.S. companies of all sizes fairly compete in international markets.” (John Engler, “Business Leaders Urge House Vote To Reauthorize The Export-Import https://exportersforexim.org/files/2015/10/bank of the united states,” Business Roundtable, 10/27/2015)

 

“It Is Critical For Congress To Restore A Level Playing Field” By Reauthorizing Ex-Im. “The lapse of Ex-Im Bank’s authority since July has put American jobs and economic benefits at risk and has resulted in the loss of international sales. U.S. companies  – both large and small – are losing out to their foreign competitors, which continue to receive export financing from one or more of the 85 foreign export credit agencies (ECAs) around the world. In the face of fierce foreign competition, it is critical for Congress to restore a level playing field for U.S. companies and workers by reauthorizing Ex-Im Bank.” (John Engler, “Business Leaders Urge House Vote To Reauthorize The Export-Import https://exportersforexim.org/files/2015/10/bank of the united states,” Business Roundtable, 10/27/2015)