Post by bot on Sept 19, 2015 17:49:44 GMT -5
House Republicans Continue to Threaten Our Economy by Inching Closer to a Government Shutdown and Refusing to Reopen
the Export-Import Bank
MESSAGE FROM THE DEMOCRATIC WHIP
There are just five legislative days remaining before the end of the fiscal year, but this week the House failed to take any action to keep the government open. Instead, House Republicans wasted time on legislation attacking women’s health. As they continue to struggle with internal divisions, I urge Republican leaders to work quickly with Democrats to avoid another government shutdown and begin negotiations on a budget agreement to replace the irrational policy of sequestration.
The House also failed this week to take action to reopen the Export-Import Bank, which was shut down by Republicans on July 1. We are already seeing the harmful impact this is having on businesses and workers across the country. Just this week, General Electric announced that it will be moving 500 U.S. jobs overseas because the Bank’s shutdown has left them without the financing assistance that helps level the playing field in the global marketplace. By refusing to reopen the Bank, House Republicans are handing over American business to global competitors that have the support of 85 foreign export credit agencies across the world. It is time for House Republicans to take immediate action and allow a vote in the House to reopen the Bank.
