The AFL-CIO strongly urges you to support the reauthorization of the Export-Import Bank. This vital institution has a decades-long track record of success in supporting United States exports, jobs, and economic competitiveness.
In a highly-globalized economy filled with foreign firms striving to capture market share held by U.S. firms, often with the assistance of targeted public polices, and often acting through state-owned or state-supported enterprises, the Export-Import Bank helps level the international playing field.
Maintaining and increasing exports of manufactured products, agricultural goods, and services is a key growth strategy for the U.S. economy. At a time when job growth has been anemic at best, failing to reauthorize the Bank would do irreparable harm to the U.S. economy and would jeopardize the economic future of thousands of American families.
The activities of the Export-Import Bank support the national interest of the United States, our international competitiveness and the economic wellbeing of citizens in every state. The Bank should be reauthorized without delay.
William Samuel, Director
Government Affairs Department