over the last decade, American companies outsourced about 2\1/2\ million jobs, often to countries where they can hire workers for half the price. And 21 million Americans, including nearly 7 million manufacturing workers, live with the fear their jobs could be shipped overseas tomorrow. More than 130,000 of those at-risk workers live in Nevada. In the Presiding Officer's home State of New Mexico, more than 100,000 jobs in manufacturing, sales, management, the financial sector, and other industries are in jeopardy. And more than 300,000 jobs in the State of Kentucky, the State of my Republican counterpart, are also at risk. So I was surprised yesterday when the minority leader dismissed efforts to end taxpayer incentives for companies that outsource jobs overseas. To quote the minority leader, he said: Why aren't we doing anything? It's time to bring up serious legislation that affects the future of the country. At a time when millions of Americans are looking for work, I am not sure what could be more serious than protecting good-paying, middle- class jobs. The Bring Jobs Home Act, the measure before this body, would end tax incentives for corporations that ship jobs overseas. Every time an American company closes a factory or a call center in America and moves operations to another country, taxpayers pick up part of that moving bill. Hard to comprehend, but it is true.…
On the recordJuly 19, 2012
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