With their usual sources for money drying up, lawmakers on Capitol Hill have started tapping the wallets of foreign workers and international businesses to pay for their pre-election wish list - moves that have put them at odds with the U.S. Chamber of Commerce, the Indian government and possibly the World Trade Organization.Hope and change!
On Thursday, Congress passed a spending bill that raises visa fees on companies that bring in a large number of foreign workers, and earlier this week President Obama signed a second spending package that raises $10 billion in additional taxes on multinational companies that call the U.S. home.
Friday, August 13, 2010
Bill raises cost of global business: Lawmakers find overseas cash to fund border security, state aid
The Washington Times reports: