[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H. Con. Res. 195 Introduced in House (IH)]

103d CONGRESS
  1st Session
H. CON. RES. 195

  Expressing the sense of Congress that the Government should require 
    that all tax benefits or other subsidies afforded to businesses 
operating in the United States as part of health care reform should be 
 used for investment and job creation within the borders of the United 
                                States.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           November 23, 1993

   Ms. Kaptur (for herself, Mrs. Bentley, Mr. Klink, and Mr. Hunter) 
 submitted the following concurrent resolution; which was referred to 
                    the Committee on Ways and Means

_______________________________________________________________________

                         CONCURRENT RESOLUTION


 
  Expressing the sense of Congress that the Government should require 
    that all tax benefits or other subsidies afforded to businesses 
operating in the United States as part of health care reform should be 
 used for investment and job creation within the borders of the United 
                                States.

Whereas two million seven hundred thousand United States manufacturing jobs have 
        been lost due to imports since 1979;
Whereas manufacturing as a percentage of gross domestic product in the United 
        States has decreased to 19 percent while manufacturing as a percentage 
        of gross domestic product of our trading partners has been increasing or 
        remaining constant (for example, 28 percent for Japan and 30 percent for 
        Germany);
Whereas United States firms now own and operate over seven thousand five hundred 
        foreign affiliates operating overseas;
Whereas these foreign affiliates now account for 23 percent of all manufacturing 
        by United States companies;
Whereas the One Hundred Third Congress is considering reforming the health care 
        delivery system;
Whereas many of the proposals being considered involve granting tax relief or 
        government subsidies to certain businesses and individuals;
Whereas caps on employer contributions for health care coverage could translate 
        into a windfall tax benefit or government subsidy for businesses of 
        billions of dollars;
Whereas government assumption of liability for early retiree health coverage 
        could translate into a government subsidy of up to $11,000,000,000;
Whereas business would be free to use these government subsidies for whatever 
        purposes it deems appropriate, including spending the subsidies outside 
        the United States, regardless of the consequences for American workers; 
        and
Whereas government programs to promote investment and job creation in the United 
        States, such as the investment tax credit, have proven to be successful 
        in the past: Now, therefore, be it
    Resolved by the House of Representatives (the Senate concurring), 
That it is the sense of Congress that all government health care tax 
benefits or subsidies provided in the context of health care reform to 
businesses operating in the United States be in a form, such as an 
investment tax credit, that will ensure that the benefits or subsidies 
are directed toward investment in the United States to promote job 
creation and the competitiveness of United States industry and 
agriculture.

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