Bring Jobs Home Act
Madam Speaker, Albert Einstein once said the definition of ``insanity''--and you've heard this before, Madam Speaker--is doing the same thing over and over and expecting different results. Well, we've already voted over 30 times to repeal or restrict the Affordable Care Act, and here we are again, wasting time with politics instead of putting people back to work.
We're offering you the opportunity to help your constituents right now, Madam Speaker. You can defeat the previous question and take up the Bring the Jobs Home Act, which, for the first time, makes sure we promote insourcing of jobs and stops the corporate welfare for outsourcing jobs.
In the last decade, we have lost 5.5 million manufacturing jobs and 1.3 million back-office jobs. However, we have seen that the light of our economic recovery is powered by domestic production, not the outsourcing of jobs, and we've added over half a million manufacturing jobs in just the last 2 years.
There are some who think outsourcing is a good policy. In fact, they have made hundreds of millions doing just that.
I believe that the American Dream starts by creating good jobs right here in the United States, and that we should not outsource the American Dream to China or any other country.
This bill is very simple here. We're going to end the tax breaks that encourage companies to shift their jobs overseas, and use that to pay for tax credits for patriotic companies that want to bring jobs back home. That's pretty simple.
With all due respect, Madam Speaker, why are we wasting our time? The Supreme Court has ruled. The Affordable Care Act is the law of the land. If the law is repealed, according to a report by the New Jersey Public Interest Research Group, employers would see health care costs grow by more than $3,000 a year, and premiums would be increased from 14 percent to 18 percent per year higher to those who want to buy insurance, and my home State of New Jersey would have 10,000 fewer jobs by the end of the decade.
Despite the rhetoric, the majority is yet to propose a replacement that will cover all of the people they want to throw off the health care rolls. And they continue to ignore the number one priority of the American people: creating jobs.
A week after the Fourth of July, Madam Speaker, I urge my colleagues to defeat this motion and let the House vote on a patriotic American bill that will create jobs right here.