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HIRE Act (S 2976)

Score:

0

%

Federal

2026

Latest Action:

Introduced in Senate

Updated:

October 6, 2025

Chamber:

Senate

The HIRE Act would charge U.S. businesses a 25% tax when they pay foreign companies or workers for services used by customers in the United States. Those payments also could not be written off on income taxes. The money would fund job training, apprenticeships, and state aid for communities hurt by outsourcing. It aims to push more hiring into the U.S., but it could also raise business costs and prices.

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