Sen. Peters introduces the Outsourcing Accountability Act
WASHINGTON — In an effort to keep jobs here in the United States, U.S. Senator Gary Peters introduced legislation he feels will hold companies accountable when it comes to counting their employees.
The Outsourcing Accountability Act would require publicly traded companies to identify the total number of employees they have by state and country. The Securities and Exchange Commission already requires companies to disclose certain information about their employees, but not where they’re based.
Senator Peters believes this bill is something that everyone on both sides of the aisle could support, including President Trump.
“This is a common sense, practical bill that should get his support if he is indeed serious about dealing with outsourcing,” said Senator Peters. “There are a number of policies that we can discuss and talk about implementing to keep jobs in America. Before you can actually think about those policies, you have to know how many employees are actually in America and how many are in other countries,” Peters added.
Four other democrats, including Michigan’s other senator, Debbie Stabenow, have joined Peters as co-sponsors of the bill. The proposed legislation is also supported by the United Steelworkers and the United Auto Workers.