The Outsourcing Cost Defrayment Act of 2022
3 Pages Posted: 17 Apr 2023
Date Written: April 3, 2023
Abstract
This draft legislation requires certain firms that 'outsource' production to foreign jurisdictions where labor is paid less than in the US to internalize the costs that these actions impose upon American laborers, their communities, and their local, state, and federal governments. Several Members of Congress are now considering the bill.
Keywords: Employment, Globalization, Labor, Offshoring, Outsourcing, Trade Liberalization
Suggested Citation: Suggested Citation
Hockett, Robert C., The Outsourcing Cost Defrayment Act of 2022 (April 3, 2023). Available at SSRN: https://ssrn.com/abstract=4408826 or http://dx.doi.org/10.2139/ssrn.4408826
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