Madam President, I thank my colleague from New Mexico for his compelling remarks about the importance of passing the Bring Jobs Home Act. I am here to echo the need to pass this critical legislation, and I am certainly pleased we had such…
Madam President, I thank my colleague from New Mexico for his compelling remarks about the importance of passing the Bring Jobs Home Act.
I am here to echo the need to pass this critical legislation, and I am certainly pleased we had such a strong vote to end debate on this legislation. I hope we can now come to some agreement and get the same kind of support for moving the bill forward. I am an original cosponsor of this commonsense bill.
As Senator Udall said, this legislation would end incentives for companies to send American jobs overseas, and it would instead encourage companies to move jobs back to the United States.
Believe it or not, when a company moves jobs offshore, it can write off those expenses on its taxes. That doesn't make sense. The Bring Jobs Home Act would stop forcing taxpayers to foot the bill for companies when they ship jobs overseas. In addition, to encourage companies to move production back to the United States, the bill provides a tax credit for the costs associated with bringing jobs back home.
Not only is this legislation the right thing to do, but it also comes at a critical time as our economy struggles to recover. In New Hampshire and across the country--as Senator Udall pointed out, in New Mexico with the closing of the mine and in that community--we are still feeling the effects of the great recession. Millions of Americans lost their jobs, and too many middle-class families are still struggling to make ends meet.
But sadly, even before the recession hit, the American middle class was finding it hard to pay their bills, to pay their mortgage, to find the good jobs that allowed them to have opportunities. A big reason for that was the loss of so many good-paying American jobs that supported the middle class. Too many of those jobs were shipped overseas. Over the last decade, 2.4 million jobs were shipped overseas, and those 2.4 million families supported by those jobs had to find other ways to support themselves, and often they were in jobs that didn't pay as well.
Well, it doesn't have to be this way. In fact, many companies are now looking to move jobs back to the United States. As production costs rise overseas, these companies want the advantages provided by our American workers--the most productive workers in the world--and the ease of doing business in the United States.
I have heard from several companies that have already moved jobs back to the United States, and there are many more that are hoping to bring jobs back home if we have the right policies in place.
Let me give an example. Last year I met with Doug Clark, who is the CEO of a footwear manufacturing company, New England Footwear. When we think footwear manufacturing or shoe factory jobs, we don't think the United States anymore because while there are still some very good companies that manufacture footwear here, most of those jobs were sent offshore a long time ago.
I know that story very well because my father was in shoe manufacturing. The whole time I was growing up, I watched him struggle with the loss of those shoe manufacturing jobs that were being sent overseas and imports coming in to take the place of shoes made here in America and the jobs that workers here in America held.
Today about 99 percent of shoes sold in the United States are made abroad. But New England Footwear executives, who have years of experience in the shoe industry, are looking to bring those jobs back home--back to New Hampshire. The company currently manufactures in China, but as costs rise there, Doug believes he can bring higher paying jobs to the United States thanks to innovative technology that reduces manufacturing costs.
New England Footwear isn't alone. A Boston Consulting Group survey from last September showed that more than half of large U.S.-based manufacturers are planning or considering right now bringing production lines back to the United States from China. That is up 17 percent from just 2 years ago--17 percent. That is a big increase, a lot of jobs. The Boston Consulting Group projected that production reshored from China and higher exports due to improved U.S. competitiveness in manufacturing could create 2.5 to 5 million American factory and related service jobs by 2020. So by 2020 we could replace more than the jobs we lost in the
last decade. That is the kind of behavior we should be encouraging. That is exactly what the bill before us does.
We know it will work because a 2012 MIT forum on supply chain management found that providing tax credits for bringing American jobs back to the United States would be one of the most effective ways to accelerate that process, along with other commonsense measures such as enacting tax reform, which we all agree we have to do, providing research and development incentives, ensuring a highly educated workforce, and improving American infrastructure. Again, these are all challenges which I think the majority of us in this body understand have to be done.
I am very glad the Senate moved to this bill because our priority in Washington must be creating jobs and restoring the American middle class. Over the past few decades too many Americans have seen their jobs disappear or their incomes fall. The Bring Jobs Home Act is an opportunity to support those families by creating good-paying jobs in the United States and by helping our economy regain its competitive edge.
I thank the Presiding Officer.
I yield the floor and note the absence of a quorum.
Mr. President, I come to the floor with a number of my colleagues to ask unanimous consent that at a time to be determined by the majority leader, after consultation with the Republican leader, the Senate resume consideration of S. 2262, which is the Shaheen-Portman energy efficiency bill; that the motion to commit be withdrawn; that amendments Nos. 3023 and 3025 be withdrawn; that the pending substitute amendment be agreed to; that there be no other amendments, points of order, or motions in order to the bill other than budget points of order and the applicable motions to waive; that there be up to 4 hours of debate on the bill equally divided between the two leaders or their designees; that upon the use or yielding back of time, the Senate proceed to vote on passage of the bill, as amended; that the bill be subject to a 60-affirmative-vote threshold; that if the bill is passed, the Senate proceed to the consideration of Calendar No. 371, S. 2282, which is the passage of the Keystone Pipeline, at a time to be determined by the majority leader, after consultation with the Republican leader, but no later than Thursday, July 31, 2014; that there be no amendments, points of order, or motions in order to the bill other than budget points of order and the applicable motions to waive; that there be up to 4 hours of debate on the bill equally divided between the two leaders or their designees; that upon the use or yielding back of time, the Senate proceed to vote on passage of the bill; finally, that the bill be subject to a 60-affirmative-vote threshold.
What I am basically asking is that we get a vote on Shaheen-Portman and if that moves, that we then get a vote on the Keystone Pipeline-- something our colleagues on both sides of the aisle have been talking about for months.
Before my colleague leaves I wish to thank Senator Heitkamp for her support, not just for Shaheen-Portman but for a resolution to getting a vote on our energy efficiency legislation that I have worked on for 3\1/2\ years with our colleague Senator Rob Portman from Ohio but also for the impasse that would break around the vote for the Keystone Pipeline as well. Pairing the two would allow us to see where we stand on both of these issues.
I appreciate my colleague from West Virginia, Senator Manchin, coming to the floor because he and Senator Heitkamp have talked about the fact that we have to look at a variety of areas of energy if we are going to address our future energy needs in this country. There is new urgency to energy efficiency right now. A recent study just came out that shows the United States ranks 13th out of the world's largest 16 economies in energy efficiency. So that study analyzed the world's largest economies that cover more than 81 percent of the global gross domestic product and posts 71 percent of the global electricity. What it found is we are severely lagging behind other countries in our use of energy efficiency. This legislation, the Energy Efficiency and Industrial Competitiveness Act, also known as Shaheen-Portman, is a way for us to address the deficit we currently have in this country.
We have heard from the American Council for an Energy-Efficient Economy that by 2030 this legislation would create 192,000 domestic jobs. That is nothing to sneeze at, at a time when our economy is still recovering from the recession. It would save consumers and businesses $16 billion a year--again, real savings in a way that is important to consumers and businesses. It would reduce carbon pollution at a time when we know pollution is affecting our environment and we are seeing a record number of disasters. It would be the equivalent of taking 22 million cars off the road. Our legislation does this without any mandates, without raising the deficit. In fact, we see a very small savings of about $12 million in the legislation.
It addresses the building sector where we use about 40 percent of our energy. It addresses the industrial manufacturing sector that consumes more energy than any other sector of our domestic economy, and it addresses the Federal Government where we use more energy than any other entity in our economy; 93 percent of the energy is used by our military. Clearly, energy efficiency is something that would benefit all of us.
There are 10 bipartisan amendments that have been incorporated into this legislation. It is the product of 3\1/2\ years of work. It has been endorsed by hundreds--literally hundreds and hundreds of business groups, of businesses, organizations, everything from the Natural Resources Defense Council to the U.S. Chamber of Commerce and National Association of Manufacturers, the International Union of Painters.
This is legislation that makes sense. We just heard Senator Cornyn on the floor saying he thought there was support to get this legislation done. I think we need to figure out how we can
come together. We don't have much time left before we go out in August to go back to our home States. This would be a great bipartisan effort to go out on at the end of July, to be able to go home and say to people across this country that we worked out a deal that passed this energy efficiency legislation, that we got a vote on the Keystone Pipeline--let the chips fall where they may--that we addressed one of the biggest challenges facing this country, which is energy, and what we are going to do about our energy future.
I certainly hope that in the remaining time between now and the beginning of August we can come together, find some sort of resolution to address this issue and get this legislation done. We know the House has said they are willing to take it up. They are interested in seeing some action on energy efficiency. Now is an opportune time to do that.
I am disappointed by today's objections, but as Senator Heitkamp said so well, we are not going to give up. We are going to continue to try and move this issue and do what is in the best interests of the people of this country.
I thank the Presiding Officer and I yield the floor.