Urges Congress and President to penalize companies outsourcing labor to foreign markets.

New Jersey SCR88 urges Congress and the President to enact legislation penalizing companies that outsource labor to foreign markets. The resolution argues that such penalties can motivate companies to hire American workers, providing employment opportunities for the millions of unemployed Americans. It suggests prohibiting outsourcing companies from receiving federal contracts, tax breaks, grants, or loans, and establishing an outsourcing tax on companies eliminating American jobs for overseas workers at lower wages.

Urges Congress and President to penalize companies outsourcing labor to foreign markets.

New Jersey SCR88 urges Congress and the President to enact legislation penalizing companies that outsource labor to foreign markets. The resolution argues that such penalties can motivate companies to hire American workers, providing employment opportunities for the millions of unemployed Americans. It suggests prohibiting outsourcing companies from receiving federal contracts, tax breaks, grants, or loans, and establishing an outsourcing tax on companies eliminating American jobs for overseas workers at lower wages.