A new report finds that the Export-Import Bank levels the global economic playing field for all U.S. businesses, returns money to the Treasury, and helps small firms obtain loans when they otherwise couldn’t get them from commercial banks.

The nation’s labor force participation rate has been declining for several years, in large part due to the retirement of baby boomers, Joint Economic Committee (JEC) Ranking Member Carolyn Maloney (D-N.Y.) said Wednesday.

Maloney on Ex-Im expiration: “Foreign competition is fierce and we should not be unilaterally disarming. The world’s largest exporters – including China and South Korea – all have export credit agencies helping their small businesses claim a larger share of the world market."

The recent events in Baltimore are all too familiar to those of us who lived through the late 1960s, when riots broke out in major U.S. cities. President Lyndon Johnson appointed the Kerner Commission in 1967 to investigate the conditions that led to those events. When the commission's report was released in the next year it concluded that "our nation is moving toward two societies, one black, one white — separate and unequal."