Request the Prompt Re-authorization of the Export-Import Bank to Save Jobs in Texas!
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Exports have been a huge part of what growth we’ve been able to achieve during this weak economic recovery, and a huge portion of those exports have been financed by the Export-Import Bank. Contrary to recent myth, the Ex-Im Bank has consistently turned a profit for the U.S. Treasury, $3.4 billion since 2005 and $400 million in 2011 alone. Its temporary reauthorization expires on May 31. Should it expire, billions of dollars of exports and tens of thousands of jobs would be lost. Simply put: the Longview Chamber supports trade and it’s a natural to support reauthorization of the Ex-Im Bank.
Although reauthorization of the Ex-Im Bank typically passes on a simply voice vote without opposition, a number of Members of Congress are dragging their heels this time due to misguided budgetary concerns. Your congressional delegation – Senators and Representatives – need to be urged to promptly reauthorize the bank to keep those exports flowing. Please send a letter supporting the reauthorization today by clicking on the Take Action Now button to the left.
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