Wednesday, October 28, 2015

Arizona Republicans Split 2-3 On Reauthorizing Export-Import Bank

Arizona Republicans split 2-3 in favor of reauthorizing the Export-Import Bank last night.  Reps. Matt Salmon (R-CD5) and Martha McSally (R-CD2) joined with all but one Democrat (Grayson) in passing the measure 313-118.

Arizona's three other Republicans, Reps. Paul Gosar (CD4), Trent Franks (CD8) and David Schweikert (CD6) voted against it.  The House has not yet moved the reauthorization to the Senate, pending disposing of a motion for reconsideration.

Here is a Congressional summary of what extra controls the reauthorization measure contains.  Rep. Schweikert spoke Monday during the debate and suggested getting the taxpayers off the hook for any of the bank's loan losses.

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