07.27.15

Senator David Perdue Statement on Export-Import Bank

WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) today voted against tying the reauthorization of the Export-Import Bank to the highway bill:

“America’s economic leadership drives growth and innovation around the world. As a businessman who has lived and worked overseas, I understand the need for increasing trade and expanding American exports into emerging markets. In order to do that we need a level playing field for American businesses to remain competitive with international companies who currently have an unfair advantage. 

“That being said, I am very concerned about the structure of the Export-Import Bank in its current form and the loan guarantees that add taxpayer-assumed risk to our already unstable fiscal situation. Unfortunately, we did not have an opportunity to even debate potential reforms. The American people still deserve a full debate to ensure we do not jeopardize any American jobs.”