By Jennifer Drogus, National Association of Manufacturers
WASHINGTON, D.C. — National Association of Manufacturers (NAM) President and CEO Jay Timmons issued the following statement in response to Congress’ failure to include language in the Continuing Resolution that would restore the U.S. Export-Import (Ex-Im) Bank to full functionality:
“It is unbelievable that Congress has passed up yet another opportunity to make the Ex-Im Bank fully functional again. Despite the bipartisan support that the bank has in both chambers, politics continue to win the day over creating jobs here at home.
“At a time when we continue to see lackluster growth in our economy and our foreign competitors making investments that support their companies, this inaction is appalling and nonsense. Why would we give up any chance to secure more good-paying jobs here in America?
“While this is yet another setback for manufacturers, we won’t abandon the effort to ensure the Ex-Im Bank can support our nation’s job creators. Congress needs to make this right and restore Ex-Im’s ability to function as soon as possible.”
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