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Transcripts For CSPAN3 Key Capitol Hill Hearings 20150206

The Export Import Bank is a critical component of our export strategy. In a world where nobody had export subsidies, one could have a conversation about whether or not we should have one. But in a world where our competitors have export programs, and we might not, thats putting a burden on our exporters thats just not fair. If youre selling, you know, from washington state, i know aircraft are a big issue, if youre selling aircraft against companies that have export financing, because of programs like the Export Import Bank, and we dont, thats something that you cant make up for just by running a tighter operation. Now, we have discussions going on on an international basis to see whether we can on a global basis lower the export subsidy programs. In that kind of an environment, it would be a different question. But we cant unilaterally put our companies in a position ....

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