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Maria Cantwell: “U.S. affiliates of foreign companies tend to pay higher…”

Featuring: Maria Cantwell, Democratic | U.S. Senate from Washington

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Ted Cruz Leads Senate Commerce Committee In Executive Session To Consider Pending Business

Published | Video Starts at 42:13

Is there any additional discussion? Mr. Chairman? Senator Kennedy, Past studies have been conducted by the International Trade Administration and the Department of Commerce and have concluded that U.S. affiliates of foreign companies tend to pay higher wages than other U.S. companies. These studies found that, on average, U.S. subsidiaries of foreign companies pay 25% higher wages and salaries. You were mentioning the 7% of those establishment. (42:13–42:15)

CLAIM

Asserts that U.S. affiliates of foreign companies pay higher wages than domestic companies.

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