On the recordJuly 24, 2012
Mr. Tonko, there is one additional piece to this puzzle, and that is that the Democrats have been putting forth for the last 2 years a project which we call Make It in America. This is the rebuilding of the American manufacturing sector. Twenty-five years ago, there were just under 20 million Americans employed in manufacturing. These were the middle class jobs. Now there are just over 11 million. We've seen the hollowing out--we've seen the outsourcing--of American manufacturing jobs. There were actually policies in place before the Democrats in 2010 took control of this and ended tax breaks for American corporations that outsourced jobs. They actually were able to reduce their taxes by sending jobs overseas. We ended about $12 billion of those crazy, unnecessary, destructive tax breaks. Now the President has suggested that we put in place the remaining $4 billion. End those tax breaks, which is ending the rewarding of companies for outsourcing jobs. Turn it around and reward companies for in-sourcing, for bringing those jobs back home. I have a piece of legislation that we've been working on, and it's actually getting some legs and moving along. It's part of Make It in America. Our tax dollars have been used in the past to buy foreign-made solar systems, wind turbines, trains, buses, light rail vehicles.…
Source
govinfo.gov




