On the recordJanuary 12, 2017
This final amendment says plainly that the Securities and Exchange Commission should take into account whether any proposed rule will have an impact on outsourcing American jobs. Many of us, especially those of us in the industrial heartland, represent regions that have experienced serious job losses because of companies sending jobs overseas. I will tell you a little bit about mine. I have the honor of serving Illinois' 17th Congressional District. Most of my district is rural. It spans 7,000 square miles, 14 counties, and covers the entire northwestern region of the State of Illinois. We are the world headquarters for John Deere. You have probably seen the tractors or the combines out there on the farmland. We are also the world headquarters for Caterpillar, and, as you have traveled around our country and around our world, you have probably also seen the yellow, big, earth-moving equipment. That comes from my congressional district. But like many parts of our heartland, our region has seen far too many manufacturing jobs shipped overseas. I am going to give you a couple of examples. In a town called Galesburg, Illinois, we had a Maytag plant that made refrigerators. Overnight, every last one of those jobs was shipped to Mexico. A dozen years later, the wages there still have not recovered because of that outsourcing. We have a town called Hanover, Illinois, a little, bitty town in northwestern Illinois. There was a plant called Robertshaw.…





