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U.S. Rep.  Rosa L. DeLauro, D-Conn., has introduced legislation (H.R.6279) that would require federal statistical agencies to increase the amount of information they gather from corporations and other employers related to the offshoring of U.S. jobs.

Too many companies are abusing a loophole in our tax code which allows them to set up a shell corporation in another country to avoid paying U.S. taxes.  Companies that play by the rules are put at a competitive disadvantage when corporate expatriates turn their backs on the United States yet continue to benefit from government contracts.

“It is simply wrong to reward companies who put profits before patriotism with billions of dollars in taxpayer-funded government contracts,” DeLauro said.  “These companies put good corporate citizens at permanent competitive disadvantage, and I will fight to end this practice.” 

U.S. workers have become all too familiar with outsourcing in recent years.  Whether it is the export of American jobs to other parts of the world or the displacement of American workers by foreign workers being paid to do the same job at lower wages, we are witnessing a full-scale economic crisis. 

The Understanding Off-shoring and Outsourcing Act of 2006 proposed last month by DeLauro would require the Department of Labor's Bureau of Labor Statistics and the Department of Commerce's Bureau of Economic Analysis to increase the amounts and types of economic data they collect about public and private sector business operations, services, and international trade. The bill also would authorize $10 million to implement the changes and develop new surveys, if necessary.