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MEMORANDUM: By the Numbers – Job-Creating Export-Import Bank House Republicans Are Jeopardizing

May 1, 2015
Blog Post

MEMORANDUM

To: Interested Parties

Fr: Democratic Leader's Press Office

Dt: May 1, 2015

Re: By the Numbers – Job-Creating Export-Import Bank House Republicans Are Jeopardizing

In less than 24 hours, 179 Members of Congress signed on a discharge petition demanding Speaker Boehner and House Republicans give the American people a vote on the Export-Import Bank's economic certainty! Let's quickly review additional numbers:

25 Legislative days left until the Bank expires;

1.3 million – American jobs the Export-Import Bank has created since 2009;

164,000– American jobs the Bank has supported in FY 2014;

2Times House Republicans have voted to block Democrats' efforts to reauthorize the Ex-Im Bank;

80American companies who've publicly called for the reauthorization;

$675 million – Amount by which the Bank reduced the federal deficit last year;

$6.9 billion – Federal deficit reduction by the Bank over the last two decades;

28Bipartisan Governors calling for reauthorization;

5U.S. Conference of Mayors leaders demanding reauthorization;

189 – House Democrats co-sponsoring the Promoting U.S. Jobs Through Exports Act of 2015 which reauthorizing the Bank;

60 – House Republicans who've also introduced a measure to extend the Bank's charter;

4 – House Republican leaders conflicted over how to proceed with the Export-Import Bank despite the risk of killing American jobs.

As Former Republican President Ronald Reagan famously said then: "Exports create and sustain jobs for millions of American workers and contribute to the growth and strength of the U.S. economy. The Export-Import Bank contributes in a significant way to our nation's export sales." [1/30/1984]. Mr. Speaker – it's time to end the uncertainty; you're the Speaker – bring this up for a vote!