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Showing posts with the label Outsourcing

Bring 'Em Home: Jobs That Is

President Obama has long been campaigning to create jobs in America.  He's fought to bring back manufacturing jobs and put construction workers back on the jobs.  While the 2012 election campaign videos shows that his opponent, Mitt Romney, sent thousands of jobs overseas via Bain Capital, and while several radio shows try to paint President Obama as a jobs killer, today Congress announced passage of Bring Jobs Home Act. Photo/ CD Brown. STATEMENT OF ADMINISTRATION POLICY S. 3364 – Bring Jobs Home Act (Sen. Stabenow, D-MI, and 13 cosponsors) The Administration strongly supports Senate passage of S. 3364, a bill that would encourage companies to invest in the United States and bring jobs back while preventing companies from receiving tax breaks for shipping jobs overseas. The Nation's tax code does too little to encourage job creation and investment in the United States while allowing firms to benefit from incentives to locate production and jobs overseas...