Debbie Stabenow's S. 3364, the Brings Jobs Home Act, is a pretty simple bill and a bipartisan majority of the Senate supports it. But Mitch "I am a corporate whore" McConnell, in a desperate attempt to not embarrass Mitt Romney', with his long record at Bain of outsourcing and offshoring American jobs as part of his company's very profitable business model, is big shock... filibustering the bill and keeping it from being voted on.
This week, Harry Reid tried once again to bring the bill up for a vote and his attempt failed, 56 voting in favor (every single Democrat plus 4 Republicans) and 42 conservatives voting NO.
Remember when a majority vote was all that was needed to pass legislation? Oh yeah! That ended the day Democrats took the majority.
This bill is probably one of the least contentious pieces of legislation for American voters and support is practically universal:
Bring Jobs Home Act-- Amends the Internal Revenue Code to: (1) grant business taxpayers a tax credit for up to 20% of insourcing expenses incurred for eliminating a business located outside the United States and relocating it within the United States, and (2) deny a tax deduction for outsourcing expenses incurred in relocating a U.S. business outside the United States. Requires an increase in the taxpayer's employment of full-time employees in the United States in order to claim the tax credit for insourcing expenses.
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