Tuesday, June 30, 2015

Failure to Act on EXIM Bank Can Hurt Us All in the Long Run

Extending the reauthorization of EXIM Bank, which helps finance American exports to markets abroad when commercial credit is unavailable, has been relatively painless over the past 80 years. Congress has reauthorized Exim sixteen times with bipartisan support. So what's the hold up?  Your guess is as good as mine.  For ...
It is clear that helping American businesses compete and sell more goods and services abroad should not be up for debate. Reaching the 95 percent of consumers living outside U.S. borders is vitally important for jobs creation in the United States. 
Do we want to give the world an upper hand?  The White House has urged Congress to reauthorize EXIM.  American exports, especially from small businesses, need a leg up to compete in the global marketplace.

Read:  Congressional Inaction Hurts Small Businesses & Main Street

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