August 10, 2010: Kaptur Calls H.R. 1586 a Win-Win for America

Companies have long been innovating their products in America and manufacturing them in other countries.

“Our trade deficit with other nations has hindered our economic growth and has put us on a path of selling the assets of our nation and leavingus vulnerable to a new form of tyranny. It’s time to stop letting big corporations use these tax loopholes to take advantage of American workers,” said Kaptur.

In addition, this legislation will reduce our national deficit by $1.4 billion over 10 years, according to the non-partisan Congressional Budget Office.