AIA welcomes passage of Export-Import Bank Reauthorization.
Press Release Summary:
According to statement made by AIA President and CEO Marion C. Blakey, passage of bipartisan Export-Import Bank Reauthorization by Senate is a very welcome development. The bank has been a revenue generator for U.S. government and levels the playing field for U.S. exporters. Three-year reauthorization and extended lending authority of $140 billion is particularly helpful to small- and medium-sized manufacturers who need to boost their exports to offset shrinking federal budgets.
Original Press Release:
AIA Welcomes Passage of Export-Import Bank Reauthorization
Statement by AIA President & CEO Marion C. Blakey
Arlington, Va. - Passage of the bipartisan Export-Import Bank Reauthorization by the Senate this afternoon is a very welcome development. The bank has been a revenue generator for the U.S. government and levels the playing field for U.S. exporters. A three-year reauthorization and extended lending authority of $140 billion is particularly helpful to small- and medium-sized manufacturers who need to boost their exports to offset shrinking federal budgets. We strongly urge President Obama to sign the bill into law.
Founded in 1919 shortly after the birth of flight, the Aerospace Industries Association is the most authoritative and influential trade association representing the nation's leading manufacturers and suppliers of civil, military and business aircraft, helicopters, unmanned aircraft systems, space systems, aircraft engines, homeland and cybersecurity systems, materiel and related components, equipment services and information technology.
