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Bring Jobs Home Act
The Bring Jobs Home Act () is a bill that would amend the Internal Revenue Code to grant business taxpayers a tax credit for up to 20% of insourcing expenses incurred for eliminating a business located outside the United States and relocating it within the United States, and deny a tax deduction for outsourcing expenses incurred in relocating a U.S. business outside the United States. The bill was introduced into the United States Senate during the 113th United States Congress. Background American companies can currently deduct the costs of moving facilities overseas from their taxes, something that would change under this bill. The text of S. 2569 is identical to a bill written by the Senator Stabenow that failed in the 112th United States Congress. Provisions of the bill ''This summary is based largely on the summary provided by the Congressional Research Service, a public domain source.'' The Bring Jobs Home Act would amend the Internal Revenue Code to: (1) grant business ta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Walsh (Montana Politician)
John Edward Walsh (born November 3, 1960) is an American politician and former military officer who served as a United States Senator from Montana from 2014 to 2015. A member of the Democratic Party, he previously served as a colonel in the Army National Guard, the adjutant general of the Montana National Guard with a state commission as a brigadier general from 2008 to 2012 and the 34th Lieutenant Governor of Montana from 2013 to 2014 under Governor Steve Bullock. In October 2013, Walsh announced his candidacy for the U.S. Senate in 2014 to succeed retiring Democratic incumbent Max Baucus. When Baucus resigned prior to the end of his term, Bullock appointed Walsh to fill Baucus's seat. In August 2014, he dropped out of the race after ''The New York Times'' reported he had plagiarized portions of a research paper he had written at the Army War College in 2007, resulting in the college revoking his Master's degree. He was succeeded in the Senate by Republican Steve Daines. Fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internal Revenue Code
The Internal Revenue Code (IRC), formally the Internal Revenue Code of 1986, is the domestic portion of federal statutory tax law in the United States, published in various volumes of the United States Statutes at Large, and separately as Title 26 of the United States Code (USC). It is organized topically, into subtitles and sections, covering income tax in the United States, payroll taxes, estate taxes, gift taxes, and excise taxes; as well as procedure and administration. The Code's implementing federal agency is the Internal Revenue Service. Origins of tax codes in the United States Prior to 1874, U.S. statutes (whether in tax law or other subjects) were not codified. That is, the acts of Congress were not separately organized and published in separate volumes based on the subject matter (such as taxation, bankruptcy, etc.). Codifications of statutes, including tax statutes, undertaken in 1873 resulted in the Revised Statutes of the United States, approved June 22, 1874, eff ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insourcing
Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and assets from one firm to another. The term ''outsourcing'', which came from the phrase ''outside resourcing'', originated no later than 1981. The concept, which ''The Economist'' says has "made its presence felt since the time of the Second World War", often involves the contracting of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call center support. The practice of handing over control of public services to private enterprises (privatization), even if conducted on a limited, short-term basis, may also be described as outsourcing. Outsourcing includes both foreign and domestic contracting, and sometimes includes offshoring ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Outsourcing
Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and assets from one firm to another. The term ''outsourcing'', which came from the phrase ''outside resourcing'', originated no later than 1981. The concept, which ''The Economist'' says has "made its presence felt since the time of the Second World War", often involves the contracting of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call center support. The practice of handing over control of public services to private enterprises (privatization), even if conducted on a limited, short-term basis, may also be described as outsourcing. Outsourcing includes both foreign and domestic contracting, and sometimes includes offshoring ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Senate
The United States Senate is the upper chamber of the United States Congress, with the House of Representatives being the lower chamber. Together they compose the national bicameral legislature of the United States. The composition and powers of the Senate are established by Article One of the United States Constitution. The Senate is composed of senators, each of whom represents a single state in its entirety. Each of the 50 states is equally represented by two senators who serve staggered terms of six years, for a total of 100 senators. The vice president of the United States serves as presiding officer and president of the Senate by virtue of that office, despite not being a senator, and has a vote only if the Senate is equally divided. In the vice president's absence, the president pro tempore, who is traditionally the senior member of the party holding a majority of seats, presides over the Senate. As the upper chamber of Congress, the Senate has several powers o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
113th United States Congress
The 113th United States Congress was a meeting of the legislative branch of the United States federal government, from January 3, 2013, to January 3, 2015, during the fifth and sixth years of Presidency of Barack Obama, Barack Obama's presidency. It was composed of the United States Senate and the United States House of Representatives based on the results of the United States Senate elections, 2012, 2012 Senate elections and the United States House of Representatives elections, 2012, 2012 House elections. The seats in the House were United States congressional apportionment, apportioned based on the 2010 United States Census. It first met in Washington, D.C. on January 3, 2013, and it ended on January 3, 2015. Senators elected to regular terms in 2008 were in the last two years of those terms during this Congress. The Senate had a Democratic majority, while the House had a Republican majority; such a split would not be repeated until the 118th Congress. This was the last time ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
112th United States Congress
The 112th United States Congress was a meeting of the legislative branch of the United States federal government, from January 3, 2011, until January 3, 2013. It convened in Washington, D.C. on January 3, 2011, and ended on January 3, 2013, 17 days before the end of the presidential term to which Barack Obama was elected in 2008. Senators elected to regular terms in 2006 completed those terms in this Congress. This Congress included the last House of Representatives elected from congressional districts that were apportioned based on the 2000 census.Senate Calendar for January 20, 2012 In the 2010 midterm elections, the |
Congressional Research Service
The Congressional Research Service (CRS) is a public policy research institute of the United States Congress. Operating within the Library of Congress, it works primarily and directly for members of Congress and their committees and staff on a confidential, nonpartisan basis. CRS is sometimes known as Congress' think tank due to its broad mandate of providing research and analysis on all matters relevant to national policymaking. CRS has roughly 600 employees reflecting a wide variety of expertise and disciplines, including lawyers, economists, reference librarians, and scientists. In the 2016 fiscal year, it was appropriated a budget of roughly $106.9 million by Congress. CRS was founded during the height of the Progressive Era as part of a broader effort to professionalize the government by providing independent research and information to public officials. Its work was initially made available to the public, but between 1952 and 2018 was restricted only to members of Congr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Domain
The public domain (PD) consists of all the creative work A creative work is a manifestation of creative effort including fine artwork (sculpture, paintings, drawing, sketching, performance art), dance, writing (literature), filmmaking, and composition. Legal definitions Creative works require a cre ... to which no exclusive intellectual property rights apply. Those rights may have expired, been forfeited, expressly waived, or may be inapplicable. Because those rights have expired, anyone can legally use or reference those works without permission. As examples, the works of William Shakespeare, Ludwig van Beethoven, Leonardo da Vinci and Georges Méliès are in the public domain either by virtue of their having been created before copyright existed, or by their copyright term having expired. Some works are not covered by a country's copyright laws, and are therefore in the public domain; for example, in the United States, items excluded from copyright include the for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debbie Stabenow
Deborah Ann Stabenow ( ; née Greer, born April 29, 1950) is an American politician serving as the senior United States senator from Michigan, a seat she has held since 2001. A member of the Democratic Party, she became the state's first female U.S. senator after defeating Republican incumbent Spencer Abraham in the 2000 election. Before her election to the Senate, she was a member of the U.S. House of Representatives, representing Michigan's 8th congressional district from 1997 to 2001. Previously she served on the Ingham County Board of Commissioners and in the Michigan State Legislature. Stabenow was reelected to Senate in 2006, 2012 and 2018. She became the state's senior U.S. senator upon Carl Levin's retirement in 2015. Stabenow chaired the Senate Agriculture Committee from 2011 to 2015 and again since 2021. She became chair of the Senate Democratic Policy Committee in 2017. At the start of the 118th Congress, Stabenow will become the dean of the Michigan congressi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harry Reid
Harry Mason Reid Jr. (; December 2, 1939 – December 28, 2021) was an American lawyer and politician who served as a United States senator from Nevada from 1987 to 2017. He led the Senate Democratic Caucus from 2005 to 2017 and was the Senate Majority Leader from 2007 to 2015. After earning an undergraduate degree from Utah State University and a law degree from George Washington University, Reid began his public career as the city attorney for Henderson, Nevada, before being elected to the Nevada Assembly in 1968. Gubernatorial candidate Mike O'Callaghan, Reid's former boxing coach, chose Reid as his running mate in 1970; following their victory Reid served as the 25th lieutenant governor of Nevada from 1971 to 1975. After being defeated in races for the United States Senate and mayor of Las Vegas, Reid served as chairman of the Nevada Gaming Commission from 1977 to 1981. From 1983 to 1987, Reid represented Nevada's 1st district in the United States House of Representa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitch McConnell
Addison Mitchell McConnell III (born February 20, 1942) is an American politician and retired attorney serving as the senior United States senator from Kentucky and the Senate minority leader since 2021. Currently in his seventh term, McConnell has held the seat since 1985. A member of the Republican Party, he previously served as Senate majority leader from 2015 to 2021, and as minority leader from 2007 to 2015. McConnell first served as a Deputy United States Assistant Attorney General under President Gerald Ford from 1974 until 1975 and went on to serve as Jefferson County Judge/Executive from 1977 until 1984 in his home state of Kentucky. McConnell was first elected to the U.S. Senate in 1984 and is the second Kentuckian to serve as a party leader in the Senate. During the 1998 and 2000 election cycles, he was chairman of the National Republican Senatorial Committee. He was elected Majority Whip in the 108th Congress and re-elected to the post in 2004. In November 2006 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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