ICYMI: Texas Small Business Calls For Ex-Im Reauthorization On Local News Channel
Recently, employees at Texas-based Air Tractor took to the local airwaves to express their frustration with Congress’s failure to reauthorize the Ex-Im Bank before leaving for the August recess. The lapse of Ex-Im is putting 25 percent of Air Tractor’s sales in jeopardy, which could lead to potential job losses if the Bank is not reauthorized soon.
Chief Financial Officer David Ickert summed up this frustration, stating, “In summary, it’s nearly like the House [of Representatives] wants to export jobs now and not export American products. Because that’s exactly the impact that will be felt [if Ex-Im is not reauthorized].”
See below for more comments from Air Tractor employees on the need to reauthorize Ex-Im.
Air Tractor Employee: “We’re Counting On” Congress To Reauthorize Ex-Im. “We want to see our government stand up for us. We need them to stand up for little town America. It’s like we’re sitting out on the woods, but we depend on them. And we’re counting on them just like they count on us.” (Jack Carney, “Tough Landing,” Newschannel6, 8/1/15)
Chief Financial Officer: “We Do Not Have The Ability” To Sell Overseas Without The Ex-Im Bank. “Now those export sales, worth 25% of their business, are at risk. ‘We do not have the ability right now to access the Export-Import https://exportersforexim.org/files/2015/08/bank to facilitate our export sales.’” (Jack Carney, “Tough Landing,” Newschannel6, 8/1/15)
Air Tractor Executive Says The Loss Of Ex-Im Will Cause The U.S. To Export Jobs Instead Of Products. “In summary, it’s nearly like the House [of Representatives] wants to export jobs now and not export American products, because that’s exactly the impact that will be felt.” (Jack Carney, “Tough Landing,” Newschannel6, 8/1/15)