What else isn’t getting a vote?

It’s not that surprising that the U.S. House finally passed legislation to take the Export-Import Bank out of the mothballs it was placed in back in June when its authorization expired. The support was there all along.

The bank, which guarantees loans between American manufacturers and foreign buyers, was first created in 1934 and has been reauthorized 16 times since then with little opposition from Congress or the White House. It’s a tool that promotes exports of the products and services produced by companies large and small that support family-wage jobs in Snohomish County and the nation. Between 2007 and this year, the Ex-Im Bank supported more than $130 billion in exports from 227 Washington state businesses. The bank is self-supporting and generates income for the U.S. Treasury, earning more than $3.4 billion for the government since 2005.

The legislation to reauthorize the bank now awaits a vote in the Senate, where a previous bill that linked it with the reauthorization of the federal highway fund passed 67-29, a margin of more than two-thirds support. The margin in the House on Tuesday was even larger, 313-118, nearly 3-to-1.

ADVERTISEMENT
0 seconds of 0 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
00:00
00:00
 

But even with that overwhelming support in the House and Senate, the Ex-Im Bank has been shuttered since June 30, meaning a loss in potential sales for many businesses and threats by Boeing and other large manufacturers to move jobs overseas where foreign nations provide the loan guarantees. Why?

Because conservatives, such as House Majority Leader Kevin McCarthy, R-California; Financial Services Committee Chairman Jeb Hensarling, R-Texas; and Speaker-nominee Paul Ryan, R-Wisconsin, oppose it and have blocked votes in the House.

With the support of nearly all Democrats and 127 Republicans, representatives went around Republican leadership with a little-used procedure, known as a discharge petition, and pushed for a vote over the objections of McCarthy, Hensarling, Ryan and others in the more conservative caucuses.

Senate Majority Leader Mitch McConnell, R-Kentucky, also an opponent of the bank, says the legislation won’t move forward there unless it is again tied to the transportation bill.

Washington’s Democratic senators, Maria Cantwell and Patty Murray, both have voted for and spoken in support of the Ex-Im Bank. Cantwell, in a floor speech Wednesday, said the bank’s closing has caused the loss of thousands of jobs. And more could disappear with each passing day.

Cantwell called for immediate action in the Senate to reauthorize the bank, whether in a stand-alone vote or as part of the transportation bill.

“All you’re doing by killing the Export-Import Bank is enabling some other manufacturer in Europe or Asia or South America to compete with our manufacturers on an uneven playing field,” Cantwell said.

She continued: “To allow a minority to thwart what is such an essential tool has been a mistake.”

Leadership or not, why should a small number of congressional members be able to gum up the works and prevent votes on legislation that a majority supports? And what other pieces of legislation, supported by a majority in both houses, are being kept from passage?

It took the resignation of House Speaker John Boehner, R-Ohio, to break a logjam in September and prevent a government shutdown. Now, with a bipartisan budget deal stuck by the White House and leaders in the House and Senate, some conservatives again threatened to risk shutdown to kill the deal. Likewise, a vote to raise the debt ceiling still is being challenged. And Congress must act on the transportation bill before it expires Nov. 20.

We’re also waiting for a vote on the reauthorization of the Land and Water Conservation Fund, which expired in August. The fund, in effect for 50 years, uses royalties from offshore oil drilling to fund parks and public land acquisitions and development.

All of the above — budgets, debt ceiling, transportation and parks funding — are bills that past Congresses have been able to approve with general agreement.

Why not now?

Talk to us

> Give us your news tips.

> Send us a letter to the editor.

> More Herald contact information.

More in Opinion

toon
Editorial cartoons for Sunday, June 1

A sketchy look at the news of the day.… Continue reading

A rendering of the new vessels to be built for Washington State Ferries. (Washington State Ferries)
Editorial: Local shipyard should get shot to build state ferries

If allowed to build at least two ferries, Nichols Brothers can show the value building here offers.

Demonstrators gather as part of the National Law Day of Action outside the Supreme Court in Washington, May 1, 2025. (Tierney L. Cross/The New York Times)
Comment: Justice is blind; it shouldn’t be silenced

Politicians play a dangerous game by accusing judges who rule against them of defying the voters’ will.

State should split ferry contract to keep jobs, speed up build

On Jan. 8, Gov.-elect Bob Ferguson, transportation leaders from the Senate and… Continue reading

Has Trump read Paine’s ‘Common Sense’?

Will Donald Trump, who says he “runs the world” and approved a… Continue reading

Youth Forum: Zoos today provide education and protection

Zoos today allow better understanding of animal needs and are aiding in saving species from extinction.

Youth Forum: Students need hands-on learning of animal dissection

It can help students decide a career path in life sciences; because of USDA oversight it’s safe.

Forum: New stadium a civic project that can deliver on its vision

Along with keeping the AquaSox in town, it offers a wealth of broader public benefits for Everett.

Forum: Pope Leo’s election a welcome reminder to protect workers

His choice of Leo XIII as his namesake is important for his attitudes toward dignity, justice and labor.

The Buzz: On the menu: tacos, tainted lettuce, free-range ostrich

While Trump was enjoying TACO Tuesday, RFK Jr. had his eye on a wobble of bird flu-stricken ostriches.

May 28, 2025: Trump Budget Bill
Editorial cartoons for Saturday, May 31

A sketchy look at the news of the day.… Continue reading

Comment: Trump doesn’t want to fix Harvard; he wants to control it

Crippling Harvard and its students would hit all of higher ed and U.S. leadership in research and more.

Support local journalism

If you value local news, make a gift now to support the trusted journalism you get in The Daily Herald. Donations processed in this system are not tax deductible.