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Rep. Peters Aims to Expose Outsourcing

Bloomfield Township congressman introduces a bill to make large companies report employees outside the United States. Meanwhile, Vice President Joe Biden visits Michigan to call for U.S. businesses to come home.

U.S. Rep. Gary Peters (D-Bloomfield Township) introduced a bill Tuesday requiring large, American-based, multinational corporations to disclose how many jobs they have outsourced.

Currently, public filings disclose the current number of employees in a given company. The Outsourcing Accountability Act of 2012 (HR 3875) would require firms with revenues of more than $1 billion to report how many employees they have in the United States broken down by state; jobs abroad would have to be broken down by country. 

On the next day, Vice President Joe Biden was in Grand Rapids calling for changes in how the United States handles companies that send jobs and revenue overseas.

That means ending tax breaks for companies that relocate outside the country and extending incentives to those willing to move back, Biden said while visiting the 125-year-old American Seating Co. plant, The Detroit News reported.

Peters and lead co-sponsors Reps. Tim Bishop (NY) and Jerry McNerney (CA) wrote in a statement that they hope the bill will help consumers when attempting to "buy American."

“All jobs are not created equal, and Americans deserve to know whether the jobs a company is creating are in America or overseas,” Bishop said in the statement. “The first step in incentivizing the creation of jobs in America is having an honest assessment of our companies' employment practices and empowering the American people to reward good corporate citizens who hire American workers, if they choose to do so.”

In addition to consumers, "responsible" investors will appreciate the information, Peters added.

The Bureau of Labor Statistics estimates that of 515 distinct occupations, 160 may be susceptible to transfer offshore. According to a report in the Washington Post, some big firms, including General Electric and Wal-Mart, already reveal how many employees work in this country versus abroad.

Linda P February 03, 2012 at 12:30 PM
I'd like to kow why Peters wasn't more proactive earlier in supporting legislation that prevents insider trading among congressional staffers. I would like him to report how much profits his staff made trading on non public information.
mike smith February 04, 2012 at 04:26 AM
that is baloney, corporations are for profit but not cheap labor. with that type of thinking Beaumont Hopsital must have cheap labor by useing MDs
Anon June 04, 2012 at 03:57 PM
There is a company based in MI that is called JMS Associates. These people are crooked to the bone. NO GOOD. Do not do business with these people. They are just a knitting circle of inexperienced workers that do nothing but set other companies up to do all of their work for them. All they do is send anything they get to either India or China depending on the type of Data to be processed. They dont even double check anything. I have deal with them extensively and regret every second. I have trouble sleeping with the fact that my work was outsourced without my knowledge. When I asked them about outsourcing they got very aggresive and a mean old hag by the name Sandi Draenger then decided to berate me with insults. WHISTLE BLOWN....
Linda P June 05, 2012 at 02:26 AM
As I said let Peters disclose any profits his staff made trading on non public info...then he can throw rocks if he wants and demand private info from companies. Besides you only hear fom Peters round election time...then he goes back under a rock.
Inner Voice June 05, 2012 at 11:36 AM
I like this bill that US Rep Peters is proposing. I think this information should be public knowledge.

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