In the last year of the Bush administration, the Department of Defense, under President Bush, authorized a 450 percent increase in the number of waivers we grant to this Nation's Buy America law, allowing in just 1 year thousands of American jobs to be sent overseas using U.S. taxpayer dollars. We have the defense reauthorization bill on the floor this week, and we have a chance to say no more, that one of the best ways to grow our domestic economy is to make sure that our own U.S. taxpayer dollars, 70 percent of which are used with respect to U.S. procurement on defense items, stay right here in this country. The stimulus bill is working. It's creating American jobs. But without spending one dime more of American money, we can stop this trend of more and more waivers being granted to the Buy America laws and apply U.S. taxpayer dollars to create U.S. jobs.
On the recordMay 26, 2010
Editor's note · Context
The speaker addresses the impact of Buy America waivers on American jobs and the economy.
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