Providing for Consideration of Conference Report on H.R. 22, Surface Transportation Reauthorization and Reform Act of 2015by Representative Maxine Waters
Posted on 2015-12-03
WATERS of California. I thank Congressman Polis for the
time he has granted me.
Mr. Speaker, after more than 2 years of obstruction by a vocal, ideologically driven minority that led to a 5-month shutdown of the Export-Import Bank, I could not be more pleased to rise and speak in strong support of the provision in the conference report that would finally put the Ex-Im Bank back in the business of supporting U.S. jobs.
After having spoken with and having listened to the stories of countless users of the Ex-Im Bank, both in my district and across the country, I can tell you without a doubt that the 4-year reauthorization of the Bank in this conference report is absolutely necessary and essential to ensure that U.S. businesses, both large and small, can operate and survive in the global marketplace.
From the loss of satellite contracts in California, to the many potential job losses across this country, to offers from our foreign competitors that have urged American exporters to take their operations to Canada or overseas to Europe and China, there is no question that the shutdown of the Ex-Im Bank has done great damage.
In joining with Whip Hoyer, Leader Pelosi, Representatives Heck and Moore, as well as with Representatives Fincher and Lucas, we showed that a determined majority of Democrats and Republicans who work together will ultimately prevail.
It is time to put an end to this wholly destructive and entirely unnecessary period that has caused us so much pain and fear and hopelessness for so many businesses and workers across this country whose livelihoods rely on the Ex-Im Bank.
I urge the passage of the conference report.