News > National > Donnelly: "Federal policy should encourage businesses to invest here at home."

Donnelly: "Federal policy should encourage businesses to invest here at home."

Senator Joe Donnelly speaks on the Senate floor about his bill calling for an end to the outsourcing of jobs by American companies

WASHINGTON, D.C. -- Indiana Democrat Senator Joe Donnelly (D-IN) was back on the Senate floor in Washington today, fresh off his visit the night before with President Trump on tax reform.

Though that was the main purpose of his meeting with the President along with five other bipartisan members of Congress, Donnelly said in a prepared statement earlier this morning that he was also able to talk with Trump about his bill proposing the end of outsourcing of American jobs.

The Senior Senator from Indiana says that the President is behind the bill.

"I am pleased he remains supportive of my proposal, and I believe that tax reform should include measures to support companies that invest in our workers and penalize companies that ship American jobs to foreign countries," Donnelly continued in the statement. "I am hopeful we can work together to encourage domestic investments that benefit American workers.”

Donnelly says he would like to see his outsourcing bill included in the President's plan to tackle the tax reform issue.

Hours later on the Senate floor, Donnelly took the podium hoping to get that same support from his colleagues in the Senate. He pointed to his talks with many workers in Indiana, particularly those being laid off by Carrier and Rexnord.

"They're losing their jobs, because those already highly profitable companies would rather squeeze out that last dollar in profits by paying less to foreign workers," Donnelly said.

The Senator's bill calls for the assurance that federal contracts will only go to companies that employ American workers. It would also "claw back" incentives and prohibits companies from receiving tax breaks for outsourcing jobs and factories, as well as creates tax incentives for companies that relocate foreign jobs to rural and impoverished communities in the United States.

In his address before the Senate Wednesday, Donnelly proposed an amendment to his bill, which would allow contracting officers to take into consideration a company’s outsourcing practices in making decisions on whether or not to grant federal contracts.

He says "federal policy should encourage businesses to invest here at home."

(PHOTO: Alex Wong/Getty Images)

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