Friday, March 5, 2004

Congress Tackles Offshore Outsourcing

Congress is targeting offshore outsourcing with a new bill, supported by 50 co-sponsors from both parties, aimed at cutting government funds for companies which fail to protect American jobs. The bill is designed to bar U.S. companies from receiving such things as Import/Export guarantees and trade financing and loans, especially if those companies are cutting US staff while bolstering offshore employees. More information »

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