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Senate Republicans Saving Jobs or outsourcing ?

Senate Republicans successfully blocked a bill from coming to the Senate floor Tuesday that Democrats claim would help keep American jobs from going overseas.

Republicans call it nothing more than a pre-election political ploy.

The Democratic bill would have ended certain tax breaks for companies expanding overseas while giving new tax incentives to businesses bringing jobs home.


Democratic sources tell CNN they knew all along this measure would not make it very far. That was beside the point.

The point, Democratic strategists candidly admit, was to use the last few days of the congressional session before the election to try to highlight one of the few jobs-related issues Democrats feel they may be able to use against Republicans: outsourcing.

Answer Question
 
emilysmom1966

Asked by emilysmom1966 at 7:18 PM on Feb. 2, 2011 in Politics & Current Events

Level 18 (6,228 Credits)
Answers (40)
  • "Four democrats, including Senate Finance Committee Chairman Max Baucus of Montana, joined Republicans and Connecticut independent Joe Lieberman in blocking the bill. "


     


    I WONDER...... Why would the Senate Finance Committee Chair vote AGAINST it... hrmmmmmmmmmmmm  Op.. Any Ideas?

    grlygrlz2

    Answer by grlygrlz2 at 7:22 PM on Feb. 2, 2011

  • "U.S. Chamber of Commerce and the National Association of Manufacturers opposed the bill, saying it wouldn’t make American companies more competitive or stimulate economic growth"


    Interesting.....

    grlygrlz2

    Answer by grlygrlz2 at 7:23 PM on Feb. 2, 2011

  • Ohhhhhhhhhhhhhhh, here we go~ Republicans and Business Groups argue that corporate and other tax rates should be cut to encourage competitiveness.

    grlygrlz2

    Answer by grlygrlz2 at 7:25 PM on Feb. 2, 2011

  • Well, grly, isn't it obvious? If a dem wrote it, and unnamed (aka anonymous) dem sources insist it would help, obviously that MUST be true, even if there isn't a shred of evidence presented to support that claim.
    NotPanicking

    Answer by NotPanicking at 7:26 PM on Feb. 2, 2011

  • I wonder what Obama's Appointed leader of his new "Council of Jobs and Competitiveness" thinks of this bill... Ya know Jeffery Immelt... CEO of GE.... Isn't it GE that has become on of our countries top outsourcers of jobs to places like..... CHINA? Ohhhh yup...

    grlygrlz2

    Answer by grlygrlz2 at 7:28 PM on Feb. 2, 2011

  • Next Question...
    grlygrlz2

    Answer by grlygrlz2 at 7:29 PM on Feb. 2, 2011

  • because the chairman of the Senate Finance Committee, Max Baucus power and prerogatives as Finance Committee chairman was threatened. So when Senate Majority Leader Harry Reid chose Max for one of his three slots on the commission -- he had to know that Baucus would vote against any plan that might emerge. ... Max can't get behind anything that might jeopardize his popularity with the Montana Cattlemen's Association or the Billings Chamber of Commerce
    That was his real motive
    emilysmom1966

    Comment by emilysmom1966 (original poster) at 7:43 PM on Feb. 2, 2011

  • LOL...grly. That was....


     


    easy button big


     


     

    LoriKeet

    Answer by LoriKeet at 7:57 PM on Feb. 2, 2011

  • So, you pat your self in the back as usual and over look my credible response.......HMMMMMMM.

    emilysmom1966

    Comment by emilysmom1966 (original poster) at 7:59 PM on Feb. 2, 2011

  • Funny how you guys always do that.....LOL!
    emilysmom1966

    Comment by emilysmom1966 (original poster) at 7:59 PM on Feb. 2, 2011

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