Tuesday, May 5, 2009

Congressman Schock goes to bat for Peoria's #1 employer

Aaron Schock lays it all out for Neil Cavuto on how President Obama's new plan to tax off-shore profits of US companies will have devastating consequences for the likes of Caterpillar, Inc.

"What the President is talking about will close the door on good paying American jobs. The head of tax law at Caterpillar told me that this plan would have devastating consequences on their ability to compete globally and will speed up the process of foreign competitors buying up US Corporations."

Schock hopes that the phones in the Halls of Congress ring off the hook with calls from employees and shareholders urging them to kill this plan.

For some on-going local perspective on this issue, see this thread over at the Peoria Pundit.

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