On the recordJuly 24, 2014
I thank the gentleman from Georgia. Mr. Speaker, I am trying to take all this in. I certainly agree with his premise that we need to talk about mandatory spending. I think that there is a bipartisan desire to do that, and several years ago, there was a thoughtful Bowles-Simpson proposal that began to take on some of those issues. I think that it is a discussion that--particularly when nondiscretionary spending is the vast majority of Federal spending, you can only do so much on the discretionary side, so it is very important to do that. Clearly, all of these tax extenders and tax expenditures and mandatory spending through outlays and Social Security and Medicare, that is what that discussion is about. It is a very important one. This bill is yet another one that kicks the ball down the road, doesn't deal with any of those issues, and doesn't allow for any consideration of those issues. Mr. Speaker, if we defeat the previous question, we will offer an amendment to the rule that will allow the House to consider the Bring Jobs Home Act. This bill creates a new tax credit to provide an incentive for U.S. companies to move jobs from overseas back to America and will end the tax deductions for companies that outsource jobs. Instead of considering two tax bills that hurt American families and bloat the deficit, let's consider one that brings American jobs home. To discuss our proposal, I yield 4 minutes to the gentleman from New Jersey (Mr. Pascrell).
