WASHINGTON, D.C. –(ENEWSPF)—March 24, 2015. U.S. Senator Dick Durbin (D-IL) today called for a vote on his amendment to the FY2016 Budget designed to provide a tax credit to companies that provide fair wages and good benefits to workers while closing a tax loophole that incentivizes corporations to send jobs overseas. The loophole costs the U.S. Treasury approximately $50 billion each year at a time when outsourced jobs and stagnant wages force more American families to turn to safety net programs to make ends meet. Durbin announced his amendment – which is based on legislation he introduced last year known as the Patriot Employer Tax Credit Act – during a speech on the floor of the U.S. Senate.
