Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-079-000"
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"en.20111013.4.4-079-000"2
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"Madam President, financial investments for creating new jobs make a key contribution to economic recovery. The plan for boosting the US labour market, blocked yesterday by the US Senate, provides tax incentives for small enterprises and employers. It offers a reduction in taxes for companies which take on new workers, while also reducing salary taxes.
At the same time, the American Jobs Act offers an investment of more than USD 100 billion for public works, with the only proviso that materials produced or available in the US are used. This means that the provisions in question could restrict European companies from participating in infrastructure projects in the US.
I must mention that, although they have committed to not imposing protectionist measures, the world’s major economies are still continuing to adopt measures aimed at protecting their own industries from international competition."@en1
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