Senator Amy Klobuchar (D-MN) has announced the reintroduction of the Removing Incentives for Outsourcing Act together with Senators Chris Van Hollen (D-MD) and Tammy Duckworth (D-IL). Prior versions of the legislation were introduced in 2018 and 2019. The legislation, which is meant to close a loophole that encourages U.S. companies to move jobs and operations overseas in order to minimize their tax liability, is summarized in the announcement as follows: --- This legislation will work alongside the efforts of the Biden Administration to protect American manufacturing and jobs. On Monday, President Biden signed the Made in America Executive Order, which...