Senate GOP blocks bill that would promote less outsourcing

[babylonsister]

Senate GOP blocks bill that would promote less outsourcing

By Lori Montgomery
Washington Post Staff Writer
Tuesday, September 28, 2010; 12:34 PM


Senate Republicans on Tuesday blocked a Democratic plan to encourage companies to bring jobs back from overseas, as a united GOP caucus voted against a motion to debate the measure on the Senate floor.

The motion failed 53 to 45.

The legislation would have raised taxes on corporations that shift operations overseas, costing U.S. jobs. It also would have awarded companies that bring jobs back from abroad by offering a two-year hiatus from payroll taxes for those positions.

After abandoning plans to extend middle class tax-cuts before the November elections, Senate Democrats turned to the outsourcing issue, which they view as politically potent because it shows concern for the heavy-manufacturing job losses that have devastated communities in Midwest and East Coast industrial states. Democrats now plan to try to extend the tax cuts during a lame-duck session in mid-November.

The tax bill under consideration Tuesday included three parts: an end to tax deductions for expenses incurred when companies shutter a U.S. operation and shift the work abroad, a new tax on products once made in the United States but now manufactured by foreign workers and the payroll tax holiday.

All told, Democrats said the measure would have cost $720 million over 10 years.

Business groups strongly opposed the measure, saying it would hamper their efforts to compete in foreign markets.

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http://www.washingtonpost.com/wp-dyn/content/article/2010/09/28/AR2010092802768.html

[ibegurpard]

1. i contacted MY senators Baucus and Tester who voted AGAINST this

and informed them they can count out my vote in the future.

[OHdem10]

2. Warner, Ben Nelson, Lieberman along with Tester and Baucus

joined those who put Business Interests over Working Class.

Blanche Lincoln was really brave. Did Not Vote at all.

[babylonsister]

3. Jeeze. Warner also? Blanche is a lost cause, as is her seat. nt