Aug 18, 2010
With Support For Companies That Ship Jobs Overseas, Jaime Herrera Proves She’s Wrong For Southwest
With Support For Companies That Ship Jobs Overseas, Jaime Herrera Proves She’s Wrong For Southwest Washington
With double-digit unemployment plaguing southwest Washington, the fact that the 3rd district’s newly-minted Republican nominee, Jamie Herrera, pledged to protect tax breaks for companies that ship American jobs overseas shows just how out of whack her priorities are.
Herrera’s pledge to protect such tax breaks makes it abundantly clear that she’s the candidate of multinational corporations – not southwest Washington residents.
"Jamie Herrera’s support for corporations that outsource American jobs makes it crystal clear that her priority is those big, multinational companies, not the people of southwest Washington that are looking for work and just trying to get by," said Andy Stone, Western Regional Press Secretary for the Democratic Congressional Campaign Committee. "The very last thing folks struggling in this economy need is a representative that pledges to protect tax breaks for companies that ship American jobs overseas and who won’t protect jobs here at home."
- Jaime Herrera signed the Americans for Tax Reform Federal Taxpayer Protection Pledge, stating that she would oppose any net reduction or elimination of deductions and credits, unless matched dollar for dollar by further reducing tax rates. [ATR Website, accessed 8/18/10]
- Jaime Herrera announced her opposition to the Education Jobs and Medicaid Assistance Act. [Columbian, 8/11/10]
- The measure appropriates $10 billion to help states retain and hire teachers and other educational professionals.
- This will save the jobs of an estimated 161,000 educators nationwide. (House Committee on Education & Labor)
- It will save or create 3,300 education jobs in Washington. (House Committee on Education & Labor)
- The measure also provides $16.1 billion to temporarily increase Federal Medical Assistance Percentages (FMAP), the program that reimburses states for Medicaid.
- This funding will save or create up to 158,000 public and private sector jobs by providing critical aid to the states including both private sector as well as critical state employees such as police and firefighters. [EPI, August 9, 2010]
- The measure also cracks down on companies that take advantage of loopholes in the foreign income provisions of the tax code which makes it more profitable for them to outsource jobs. The bill is paid for by preventing corporations from using current U.S. foreign tax credit rules to subsidize their foreign activities