Saturday, August 09, 2008

Job-Killing McCain voted to Waive and Weaken Buy American Laws

McCain Voted to Waive and Weaken Buy American Laws. McCain voted to allow the secretary of defense to waive Buy American laws for defense systems, placing our defense manufacturing industry and jobs in jeopardy. He also voted to exempt defense goods from six European countries from Buy American requirements that traditionally have required most military equipment and defense systems to be manufactured in the United States. (S. 2400, Vote 135, 6/22/04; S. 1050, Vote 191, 5/21/03)

McCain Voted to Keep Tax Breaks for Companies That Reimport Foreign Manufactured Goods. McCain voted against a bill to tax multinational companies on income from foreign factories when goods are shipped back to the United States and to require companies to notify employees and give a reason before they move their jobs overseas. Essentially, he voted to reward companies that ship jobs overseas with a tax haven. (S. 1637, Vote 83, 5/5/04)

No comments: