Political Quotes

“I yield myself such time as I may consume. Madam Chair, I'm the cosponsor of H.R. 3630 because I believe that this bipartisan legislation has the potential to create thousands of jobs in the coming years. My amendment improves this bill by ensuring that those jobs stay here in the United States and in our local communities. When I meet with constituents, one of their top concerns is the persistent outsourcing of American jobs. Between 2000 and 2009, multinational corporations cut 2.9 million U.S. jobs while adding 2.4 million jobs overseas. {time} 1050 Millions more jobs in diverse sectors, such as the life sciences, agriculture, and sales, could be moving abroad over the next few years. Annual job losses to offshoring have been estimated to be around 300,000. Those 300,000 job losses, of course, are significantly slowing net job creation at a time when we need it most in this country. My amendment will simply require publicly held companies to disclose where their employees are located in their annual SEC filings. Are their employees here in the United States or are they overseas? While there is consistent concern in this Chamber regarding new regulations on businesses, I think we can all agree that employers know where they are sending their paychecks every month, and this bill specifically exempts newly appointed companies for 5 years.…”