Mr. MURPHY of Connecticut. Mr. Speaker, I have a great idea. Let's pass the American Jobs Act.
It cuts taxes, it invests in infrastructure, and most importantly, it helps small businesses be more competitive in the global economy. Economists of all political stripes tell us that this act will create 1.9 million jobs, and it does it, in part, by making sure that U.S. taxpayer dollars are spent on U.S. jobs by applying the Buy American provisions.
We should pass the American Jobs Act, and then we should take the simple idea that U.S. taxpayer dollars should go to create U.S. jobs and then apply it to every corner of the Federal Government. For instance, we could create another 600,000 jobs on top of the 1.9 million if we'd just clean up loopholes that allow for thousands of defense contracts to go to overseas companies.
You see, rhetoric on the floor of the House of Representatives doesn't create jobs. Real, now-focused policies do, like the American Jobs Act and the Buy American policy.