. >> jim owens is the c.e.o. of caterpillar. he worries that "buy american" will end up costing more jobs than it will protect. most of these are exported. >> yes, this is a 777 truck. in our mining truck line, this is one of the smaller trucks. this is a 100-ton truck. >> this is one of the smaller trucks. let me just show everybody the scale here. this is one of the smaller trucks. how much of your product is sold in the united states versus the rest of the world? >> if you got right down to new machine and new engine sales, it's roughly 75-25. >> 75 outside the country. >> yes. >> caterpillar made $16 billion last year by selling its heavy excavators and dump trucks overseas. because of the worldwide recession, caterpillar announced 22,000 layoffs. it's another company desperate for the infrastructure portion of the stimulus package. but it's also counting on other stimulus packages in china, south america, and europe... that is, unless they retaliate. >> if we have a "buy america" clause, other countries are going to have a