Republicans and Democrats are crossing the aisle to prioritize a domestic textile manufacturing sector.
Greenbiz 10:16 am on June 7, 2024
The bipartisan S Ac, proposed by Senators Bill Cassidy (R-La.) and Michael Bennet (D-Colo.), aims to spur $14 billion in domestic circular economy initiatives. The Act includes measures for reshoring manufacturing supply chains from China, tax breaks for textile reuse/recycling businesses, and funds distribution across grants and innovation programs.
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