Senate Republicans Block Democrats’ Anti-Outsourcing Plan

[ProSense]

Senate Republicans Block Democrats’ Anti-Outsourcing Plan

The Senate blocked a Democratic tax proposal designed to make it more difficult for companies to move jobs out of the country and easier to bring jobs to the U.S.

The 56-42 vote today, with 60 needed to advance the measure, was largely along party lines as most Republicans voted not to allow Senate consideration.

The bill would have prevented companies from deducting the cost of moving operations out of the U.S. It offered a 20 percent tax credit for companies’ expenses in moving investments from another country to the U.S.

The current policy is “the height of insanity,” said Senator Richard Blumenthal, a Connecticut Democrat.

- more -

http://www.bloomberg.com/news/2012-07-19/senate-republicans-block-democrats-anti-outsourcing-plan.html

Roll call: http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=112&session=2&vote=00181



This was item No. 1 on President Obama's To-Do List:


http://www.whitehouse.gov//todolist

[Spazito]

1. I see another excellent ad from the Obama campaign coming out soon...

featuring this despicable vote, showcasing both Romney and the repubs as advocating the outsourcing of American jobs. Republican Senators equal Bain employees.

[Teamster Jeff]

2. It's almost like they planned it that way or something n/t

[Spazito]

4. Who did? The repubs?

I doubt it. If you're inferring the Dems then you need to check and see who voted for it (D) and who voted against it (R). It's the repubs 'filibustering' it.

[nolabear]

3. See? Obama hate the job creators.

[msongs]

5. "Romney republicans vote to REWARD US companies moving jobs out of America" simple ad really nt