Lipinski: Renewal of Ex-Im Bank would benefit Third District, nation
After the U.S. House recently voted to approve reauthorization of the Export-Import Bank, U.S. Rep. Dan Lipinski (D-Dist. 3) released a statement to praise his colleagues for cooperating in a bipartisan manner to pass the measure.
The bill has been sent to the Senate for further consideration.
Lipinski also talked about the importance of the institution for small businesses and job growth in the Third District, as well as across the nation.
“Congress was able to come together to pass legislation to revive the much-needed Export-Import Bank, which provides financing for foreign customers to purchase goods and services from U.S. companies,” Lipinski said. “The bank supports manufacturing firms throughout the Third District of Illinois, creating jobs, supporting sales and exports, and keeping our economy growing.
"Since 1990, Ex-Im has returned to American taxpayers $7 billion more than it has received," Lipinski said. "I am hopeful that the Senate acts quickly on this bill and that the bipartisanship witnessed on this issue can be repeated on other critical issues that directly impact the hard-working people of my district and this nation.”
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