Urges Congress and President to enact legislation that penalizes companies that outsource labor to foreign markets.

This concurrent resolution (SCR 88) urges Congress and the President to enact federal legislation that would penalize U.S. companies outsourcing labor to foreign markets. It specifically proposes barring such companies from receiving federal contracts, tax breaks, grants, or loans, and creating an "outsourcing tax" on firms that eliminate domestic jobs for overseas hiring. The resolution states this would incentivize companies to hire American workers, citing that 6.3 million U.S. workers (including over 225,000 in New Jersey) are unemployed while U.S. multinational firms employed 13.8 million workers overseas in 2014. As a non-binding resolution, it does not create new laws but calls for federal action to address job losses in sectors like manufacturing, technology, and call centers.