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| IAM Endorsed Hillary Clinton is the only 2016 presidential candidate that stands with the IAM in supporting the EX-IM Bank |
Machinists from all across the country understand the importance of the U.S. Export-Import (Ex-Im) Bank and what it means to hundreds of thousands Americans. IAM-endorsed Hillary Clinton is the only candidate in the 2016 presidential race that has the IAM’s back on this issue and doesn’t want to get rid of the federal program that supports many IAM jobs.
“The Ex-Im Bank enables U.S. manufacturers and workers to compete fairly with our global competitors, particularly in the high wage aerospace industry, one of the last sectors in which the U.S. enjoys a positive balance of trade with the rest of the world,” said International President Bob Martinez in a recent statement. “As the largest aerospace union in North America, we in the IAM know firsthand what is at stake. The Ex-Im Bank means jobs for our members, as well as for hundreds of thousands of Americans.”
Click here for facts about the EX-Im Bank
Here’s where the other candidates stand:
Bernie Sanders-opposes-calls Ex-Im corporate welfare and voted against reauthorization last year
Donald Trump-opposes-referred to Ex-Im as “feather-bedding” and something that benefits just politicians and a few companies that could do well without it
Ted Cruz-opposes-refers to it as a “corrupt crony-capitalist fiasco”
Marco Rubio-opposes-refers to the bank as a “relic of the past” and wants to “end the Export-Import Bank forever.”
John Kasich-opposes-believes that the bank should not continue.
The facts are in 2015, the Ex-Im Bank supported $17 billion in U.S. exports and 109,000 U.S. jobs, according to its 2015 Annual Report. The Ex-Im Bank also added over $430 million to the U.S. Treasury for debt reduction.
Watch: The Ex-Im Bank is Back in Business
