| Export-Import Bank Reauthorization Act Of 2012—Motion To Proceed |
May 14, 2012 |
|
Ron Johnson, R-WI
|
|
"Mr. President, by now, it should come as no surprise that the Senate has not passed a budget in over 3 years. I believe it has been 1,111 days. When I go to back to Wisconsin—and I think it is probably true of my colleagues—the people of Wisconsin, and I think the people all over America, want us to work together and solve our debt and deficit issue. Since I have been here, the Republicans have fulfilled the responsibility to show what the plan is for stabilizing our debt and deficit. The House passed a budget in the last 2 years, but the Democrats in the Senate have not. It is because they simply refuse to be held accountable. That is a real shame."
|
|
|
|
| Personal Explanation |
May 10, 2012 |
|
Bill Pascrell, D-NJ
|
|
"6. Nay—Scalise (R LA)—Page 6, Line 7—Reduces spending and overhead of Economic Development Administration and the Department of Commerce to FY08 levels and reduces the Deficit by $18.2 million."
|
|
| Securing American Jobs Through Exports Act Of 2012—Motion To Proceed |
May 10, 2012 |
|
Rand Paul, R-KY
|
|
"Republicans have been rightly criticizing the President for these Department of Energy loans to Solyndra, BrightSource, and others. Republicans have been correct in criticizing the President for trying to pick the winners and losers in energy production. Yet now a majority of Republicans are poised to vote for their own set of subsidized export-import loans. In fact, they want to increase the export-import loans by nearly 50 percent and pick the winners and losers in the export business. The Horse traders may disdain consistency, but the American people value principled and consistent opposition to deficit spending. The American people know hypocrisy when they see it. The American people know corporate welfare when they see it."
|
|
| Export-Import Bank Reauthorization Act Of 2012 |
May 10, 2012 |
|
Laura Richardson, D-CA
|
|
"The Ex-Im Bank is self-sustaining and does not cost taxpayers a dime. Rather, the money it generates is returned to the U.S. Treasury, nearly $2 billion over the past five years, and helps reduce the deficit. Moreover, since its inception, less than 2 percent of the Bank’s loans have ever defaulted, and even in those cases, loss is minimized because the borrower’s manufactured goods are pledged as part of the collateral for the loan."
|
|