Hire More Heroes Act of 2015—Continuedby Senator Heidi Heitkamp
Posted on 2015-09-22
HEITKAMP. Mr. President, I ask unanimous consent for the
following Senators to speak about the importance of the reauthorization
of the Export-Import Bank. I ask that Senator Coons be recognized for 5
minutes but first that Senator King be recognized for 5 minutes and
that I be recognized for 10 minutes, reserving the remaining time for
others who may join us.
I wish to initially yield time to Senator King.
The PRESIDING OFFICER. Without objection, it is so ordered.
The Senator from Maine.
Export-Import Bank Reauthorization Mr. KING. Mr. President, as the Senator from North Dakota just mentioned, we are here on the floor to talk about the importance of the reauthorization of the Export-Import Bank. There are a lot of issues here that are contentious and controversial, and there are arguments to be made on both sides, but this one, frankly, puzzles me. I do not understand why the Congress has not moved with alacrity to reauthorize an agency of the Federal Government that fills a gap in the private market which is not filled by private enterprise, which has been in business for over 80 years, and which helps and assists businesses large and small across America and returns money to the Treasury. This is not a cost to the Treasury. This is not some kind of budget bill that increases our deficit. This actually will increase revenue because this agency makes a net return for the taxpayers.