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.
Sincerely yours,
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DEMOCRATIC NEWS UPDATE
On Republicans' Government Shutdown Threat
- Hoyer: I Urge My Republican Colleagues to Keep Government Open and Reach Budget Agreement that Replaces the Sequester, Funds Our Nation’s Priorities
- FACT SHEET: A By-the-Numbers Reminder of Republicans’ Last Government Shutdown
On Republicans' Shutdown of the Export-Import Bank
- Hoyer: Ex-Im Bank is a Critical Tool that Supports Job Creation Here in America, Helps U.S. Businesses Compete in Foreign Markets
- Hoyer, Waters, Moore, Heck Send Letter to Boehner, McConnell Urging Immediate Action to Reopen the Export-Import Bank
- FACT SHEET: Republicans’ Export-Import Bank Shutdown Is Causing U.S. Businesses to Ship Jobs Overseas