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BANKING COMMITTEE CHAIRMAN TIM JOHNSON BLASTS SENATE REPUBLICANS ON EXPORT-IMPORT VOTE

March 20, 2012

WASHINGTON – Senate Banking Committee Chairman Tim Johnson (D-SD), cosponsor of the Export-Import Bank Reauthorization amendment, today released the following statement after Senate Republicans blocked the amendment from moving forward.
 
“I am deeply disappointed that Senate Republicans blocked the reauthorization of the Export-Import Bank.  This measure received unanimous bipartisan support in the Banking Committee and has broad support from business and labor, including the U.S. Chamber of Commerce, the Business Roundtable, the National Association of Manufacturers, the Machinist union and the United Steelworkers.  
 
“Today’s action by Senate Republicans threatens to put hundreds of thousands of American jobs at risk, showing once again their willingness to abandon American businesses and working families in pursuit of pointless partisan fights.  I sincerely hope that Senate Republicans reconsider their opposition to this common-sense legislation to help American workers and reduce the deficit.”  
 
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