-----Original Message----- From: Andreas Ramos <[EMAIL PROTECTED]> Date: Thu, 04 Mar 2004 10:10:19 To:[EMAIL PROTECTED] Subject: Congressional bill to stop federal financing of offshoring
NEW YORK (Reuters) - About 50 U.S. House of Representatives members plan to introduce a bill on Wednesday that would deny U.S. companies federal financing and loan guarantees if they shift U.S. jobs overseas. It's the first national attempt to deal with the issue of "offshoring," or sending U.S. manufacturing and service jobs to lower-cost venues abroad. About 20 states have proposed laws that to ban the offshoring of state contracts. For example, the bill would require a US Export-Import Bank loan applicant to specify the number of employees in the United States and abroad. If the number of non-U.S. workers increases while U.S. worker numbers fall, the loan would be canceled. More at http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=4489321 yrs, andreas www.andreas.com ------------------------------------- You are subscribed as [EMAIL PROTECTED] To manage your subscription, go to http://v2.listbox.com/member/?listname=ip Archives at: http://www.interesting-people.org/archives/interesting-people/
