CNN reports:

“Senate Republicans on Thursday blocked the No.1 item on the president's congressional ‘to-do list,’ refusing to allow a vote on a bill that would give tax breaks for companies that ‘insource’ jobs to the U.S. from overseas while eliminating tax deductions for companies that move jobs abroad.

“The Bring Jobs Home Act would provide a 20% tax break for the costs of moving jobs back to the United States and would rescind business expense deductions available to companies that are associated with the cost of moving operations overseas.”

Read more here.