More than 50 US congressmen will introduce a bill into Congress designed to bar US companies from receiving government aid if they do not protect local jobs to the same extent as they protect jobs which they provide outside the US.
The Defending American Jobs Act of 2004 will be introduced by independent representative Bernard Sanders with 50 co-sponsors from the two main US political parties
Under the proposed legislation, companies seeking government assistance would have to disclose their local and overseas workforce levels and would be ineligible for assistance if their polices favoured overseas workers at the expense of US workers.
One of the organisations that will be targeted is the US Export-Import Bank (Ex-Im), which provides trade financing and other help to US companies doing business abroad.
Sanders identified several IT and telecommunications companies as major benefactors of Ex-Im, including Motorola, Lucent Technologies and IBM.
He has singled out Motorola for taking almost $500m in direct loans and loan subsidies from the Ex-Im Bank, while reducing its US-based workforce to only 56% of its total workforce.
David Legard writes for IDG News Service