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McCollum Statement on Passage of Legislation to Reopen the Export-Import Bank

October 27, 2015

Washington, DC – Today, the U.S. House of Representatives voted on a discharge petition to reopen our nation’s Export-Import Bank. Republicans obstructed the funding for this critical program which invests in American businesses, returns money to our treasury each year and is supported by the U.S. Chamber of Commerce, the Business Roundtable and the National Association of Manufacturers. House Democrats forced this vote through the use of a discharge petition and were joined by some Republican members to pass this critical legislation.

Congresswoman Betty McCollum (DFL-MN) released the following statement regarding the vote:

“For months now, House Republicans have tried to kill the Export-Import Bank, endangering businesses, jobs, and U.S. competitiveness. Today, Democrats delivered the votes to protect American workers and businesses from an extreme ideology. This was a defeat for Republicans and a real victory for middle-class families and a strong U.S. economy.”