Thursday, September 30, 2010

Congress Wraps Up Contentious Session To Campaign

As Congress hastens to adjourn for midterm campaigning, both the House and Senate have brought up legislation aimed at protecting American workers from foreign competition. In the Senate, Republicans blocked a bill that would have taken away tax incentives for corporations that move U.S. jobs offshore. In the House, Republicans joined Democrats in passing a bill that allows U.S. firms to demand tariffs on goods from countries with overvalued currencies -- namely China.

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