Reid Remarks On Protecting American Jobs

“As United States Senators, it’s imperative that we not only promote job growth, but also protect the jobs our constituents already have. That is why the legislation that is before the Senate, the Bring Jobs Home Act, is so important – it protects American jobs and encourages future job creation within our borders.”

 

“The Bring Jobs Home Act would end senseless tax breaks for outsourcers. It would end the absurd practice of American taxpayers bankrolling the outsourcing of their very own jobs.”

 

“To over 21 million Americans whose jobs could be the next ones sent to China or India, the Bring Jobs Home Act is as serious as it gets. And to the 2.5 million Americans whose jobs have already been offshored, this bill stands to right a terrible wrong. I hope that Republicans in Congress will finally see the light, and join with us to give working Americans a fair shot at a good, stable job.”

 

Washington, DC – Nevada Senator Harry Reid spoke on the Senate floor today to highlight the importance of the Bring Jobs Home Act, which will protect American jobs and encourage future job creation in America. Below are his remarks as prepared for delivery:

Over the past several months Americans have heard Senate Democrats speak at length about giving working families a fair shot. What do we mean when we say that? A fair shot is about making sure Americans have good jobs. It’s about ensuring that workers receive fair, livable wages, so they can put a roof over their children’s heads and food on the table. A fair shot is the idea that each hard-working American deserves an opportunity to achieve a measure of prosperity. But it all begins with jobs.

As United States Senators, it’s imperative that we not only promote job growth, but also protect the jobs our constituents already have. That is why the legislation that is before the Senate, the Bring Jobs Home Act, is so important – it protects American jobs and encourages future job creation within our borders.

Over the last decade our country has been hemorrhaging jobs. American companies have outsourced almost 2.5 million jobs. But those losses could potentially sky rocket if we don’t address this disturbing trend of outsourcing. Over 21 million Americans, including nearly 7 million manufacturing workers, are at risk of having their jobs shipped overseas at any moment. They’re at risk of losing their fair shot. Almost 150,000 of those at-risk workers live in Nevada. The home state of the Republican Leader, Kentucky, could also be on the chopping block to the tune of 325,000 jobs. Or New Jersey, the home state of the presiding officer. Outsourcing threatens 588,000 jobs in New Jersey. When millions of Americans are looking for work in a recovering economy, few things could be more important than protecting good-paying, middle-class jobs. Every time an American company closes a factory or a plant in America, and moves operations to another country, taxpayers pick up part of the moving bill. The Bring Jobs Home Act would end senseless tax breaks for outsourcers. It would end the absurd practice of American taxpayers bankrolling the outsourcing of their very own jobs.

But the Bring Jobs Home Act also seeks to bring jobs back. This bill would offer a 20% tax credit to help with the costs of moving production back to the United States. In the last few years, major manufacturers like Ford and Caterpillar have brought jobs back to the U.S. from Japan, Mexico and China. And smaller manufacturers like Master Lock have moved facilities home as well. This is a trend that we here in Congress should enthusiastically encourage – American companies returning home to employ American workers.

The Bring Jobs Home Act is a common-sense strategy to protect American jobs. To over 21 million Americans whose jobs could be the next ones sent to China or India, the Bring Jobs Home Act is as serious as it gets. And to the 2.5 million Americans whose jobs have already been offshored, this bill stands to right a terrible wrong. I hope that Republicans in Congress will finally see the light, and join with us to give working Americans a fair shot at a good, stable job. On this legislation, I know what Senators on the Republican side always say. They say that they want amendments, and unless they get a guarantee of amendments, they will kill the bill. On that, let me say what I always say: If we want to get something done, we should do what we are doing on the highway will, what we did on the terrorism insurance bill, and what we did on the workforce investment bill: We should work on a list of amendments and a path to getting the bill done. So everyone should know what my answer is: We need a list of amendments and a path to getting the bill done.