Critical Supply Chain Cost Reduction and Domestic Manufacturing Act
Summary
This bill creates a temporary tax credit to encourage U.S. production of key industrial goods, gives federal procurement preference to competitively priced American-made supplies, and orders Commerce to track bottlenecks, prices, resilience, and jobs. It aims to ease inflation and reduce reliance on foreign supply chains by rewarding firms that invest and keep production in the United States.
Full text
Sponsor
Brayden MorseRepublican Party
Cosponsors
- Warren GradyRepublican Party
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