Dick Durbin

On Politics
3:38 pm
Tue August 5, 2014

Sens. Reed, Warren Durbin Urge Obama Take Executive Action On Corporate Overseas Tax Moves

Jack Reed is among a group of U.S. Senators pushing for reforms on taxing corporations that move operations overseas.
Credit RIPR FILE

U.S. Sen. Jack Reed, D-R.I.,  has joined with fellow Democratic senators Elizabeth Warren of Massachusetts and Dick Durbin of Illinois in urging President Obama to use an executive order to reduce or get rid of tax breaks for companies that move their headquarters overseas to avoid paying U.S. taxes.

In  letter to the president the three Democratic senators stated that while Congress considers a legislative solution there is a need for swift action by the president.

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