New Dems: Urge Support for Ex-Im Bank Reauthorization

Washington, D.C. – Today, leaders of the New Democrat Coalition, chaired by Rep. Joseph Crowley (NY-7), released the following statement on reauthorization of the Export-Import Bank, a bill offered by Rep. Rick Larsen (WA-2) and Rep. Don Manzullo(IL-16).

“We can’t cut the cord on America’s job creators.   Last year alone, Ex-Im financing helped more than 3,000 companies add almost 300,000 jobs across America—selling their products around the world creates jobs here at home.  We must act swiftly and give entrepreneurs a system they can count on with the longevity they deserve.”

Earlier this month, the New Democrat Coalition released a set of principles regarding Innovation and Competitiveness.  These principles included eliminating red tape for exporters and providing innovative forms of export financing.  For an in-depth look at the New Democrat Coalition Principles for Innovation and Competitiveness, please click here.

Statement supported by New Dem Leadership Members, led by Chair Representative Joseph Crowley (NY-7), and Vice-Chairs Representative Jim Himes (CT-4), Representative Ron Kind (WI-3), Representative Rick Larsen (WA-2), and Representative Allyson Schwartz (PA-13).

The New Democrat Coalition is dedicated to maintaining America’s standing as the world’s strongest, most successful nation. Founded in 1997, the New Dems believe firmly in the power of American ingenuity and innovation, and are focused on finding ways to foster and harness this creativity to grow our economy, create new American jobs, and ensure a safer and more secure future for our country.  For more information on the 43 member Coalition, visit the New Dems website at http://ndc.crowley.house.gov. 

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