Displaced Jobs Relief Act of 2015

The Displaced Jobs Relief Act of 2015 (H.R. 4142) proposes to increase federal funding for a program that helps American businesses negatively affected by foreign competition. Specifically, it would raise the annual budget for the Trade Adjustment Assistance for Firms program from $16 million to $50 million through the 2021 fiscal year.

For everyday citizens, this bill aims to protect local jobs by providing technical assistance and strategic consulting to help domestic manufacturers and service firms become more competitive in the global market. By strengthening these businesses, the legislation seeks to prevent layoffs and support the recovery of industries struggling due to increased imports or shifting international trade patterns.