Foreign Cash Repatriation Bill Can Pass If Tied To Jobs, Breaux Tells PhRMA
This article was originally published in The Tan Sheet
Executive Summary
Legislation to allow pharmaceutical companies to transfer cash held by overseas affiliates to the U.S. has a chance to pass Congress this year - if the bill ensures that proceeds are devoted to the creation of new jobs, Sen. John Breaux (D-La.) told the Pharmaceutical Research & Manufacturers of America annual meeting April 3 in Palm Beach, Fla