{"id":27948,"date":"2025-06-05T10:40:49","date_gmt":"2025-06-05T14:40:49","guid":{"rendered":"https:\/\/www.ossoff.senate.gov\/?post_type=press-releases&p=27948"},"modified":"2025-06-05T10:40:51","modified_gmt":"2025-06-05T14:40:51","slug":"new-manufacturing-experts-warn-republicans-tax-bill-would-weaken-americas-economic-and-national-security","status":"publish","type":"press-releases","link":"https:\/\/www.ossoff.senate.gov\/es\/press-releases\/new-manufacturing-experts-warn-republicans-tax-bill-would-weaken-americas-economic-and-national-security\/","title":{"rendered":"NEW: Manufacturing Experts Warn Republicans\u2019 Tax Bill Would \u201cWeaken America\u2019s Economic and National Security\u201d"},"content":{"rendered":"

Washington, D.C. \u2014<\/strong> Leading manufacturers are warning that the Republican tax bill would \u201cweaken America\u2019s economic and national security\u201d by gutting Federal manufacturing incentives.<\/p>\n\n\n\n

U.S. critical mineral and battery producers are sounding the alarm over the GOP tax bill\u2019s changes to Federal manufacturing policies that manufacturers warn would undermine production and supply chains that are critical to manufacturing in Georgia and nationwide and give China a greater advantage.<\/p>\n\n\n\n

\u201cAs the language now stands, the tax credit is rendered unworkable for industry,\u201d the manufacturing groups wrote. <\/strong>\u201cWhile the industry shares Congress\u2019s desire for greater fiscal responsibility and deficit reduction, these changes further cede supply chain leadership to China and weaken America\u2019s economic and national security.\u201d<\/p>\n\n\n\n

\u201cWe urge Congress to address these concerns regarding the 45X tax credit in order to stimulate the growth of a domestic battery and critical minerals supply chain, while still preventing China and other FEOC [Foreign Entity of Concern] nations from benefitting from this American tax policy,\u201d the groups continued.<\/strong><\/p>\n\n\n\n

Last month, Sen. Ossoff sounded the alarm<\/a> on the dangers to Georgia\u2019s economic development if Republicans proceed with gutting the IRA.<\/p>\n\n\n\n

According to an April report by Climate Power, Georgia ranks among the top states with jobs at risk<\/a> if the IRA is repealed.<\/p>\n\n\n\n

In 2022, Sen. Ossoff\u2019s landmark legislation to establish an expanded solar manufacturing tax credit was signed into law<\/a> as part of the Inflation Reduction Act<\/em> to supercharge domestic solar energy manufacturing & strengthen American energy independence.<\/p>\n\n\n\n

Click here<\/a> to read the warning from leading manufacturing groups about the repeal of critical incentives.<\/p>\n\n\n\n

# # #<\/p>","protected":false},"excerpt":{"rendered":"

Washington, D.C. \u2014 Leading manufacturers are warning that the Republican tax bill would \u201cweaken America\u2019s economic and national security\u201d by gutting Federal manufacturing incentives. U.S. critical mineral and battery producers are sounding the alarm over the GOP tax bill\u2019s changes to Federal manufacturing policies that manufacturers warn would undermine production and supply chains that are critical […]<\/p>","protected":false},"author":70,"featured_media":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-27948","press-releases","type-press-releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/press_releases\/27948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/types\/press-releases"}],"author":[{"embeddable":true,"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/users\/70"}],"version-history":[{"count":1,"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/press_releases\/27948\/revisions"}],"predecessor-version":[{"id":27949,"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/press_releases\/27948\/revisions\/27949"}],"wp:attachment":[{"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/media?parent=27948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/categories?post=27948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/tags?post=27948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}