To amend the Internal Revenue Code of 1986 to deny deduction for outsourcing payments.

This bill disallows a federal tax deduction for outsourcing payments.

The bill defines outsourcing payments as any premium, fee, royalty, service charge, or other payment made

in the course of a trade or business,to a foreign person (excluding a corporation or partnership organized under the laws of the United States or a U.S. possession), andfor labor or services which benefit (directly or indirectly) U.S. consumers.