U.S. Senator Marco Rubio (R-FL) joined One Nation with Brian Kilmeade to discuss the issue of illegal immigrant crime and the extent of Communist China’s influence in the United States. See below for highlights and watch the full interview on YouTube and Rumble. On...
The Biden-Harris Administration announced a proposed new rule targeting the de minimis loophole, which is a duty and tax exemption for goods valued under $800. China is increasingly using this loophole to avoid our tariffs and continue to ship artificially cheap and...
The welding, automotive, aviation maintenance, submarine, shipbuilding, and other defense-related trade industries are facing a workforce shortage. Many service members and veterans possess the skills to excel in trade jobs benefiting the defense industrial base...
The United States will host the 2026 FIFA World Cup, along with Canada and Mexico. Miami was chosen as one of the host cities to hold matches, with additional Florida cities serving as base camps for the competing national teams. The increased tourism activity across...
Oropouche virus is a disease spread to humans by mosquitoes and biting midges that can cause neurological effects and devastating effects on unborn babies. Recent surveillance data reports approximately 40 travel-associated cases of oropouche, in Florida, from...
The United States Commission on International Religious Freedom (USCIRF), created by the International Religious Freedom Act of 1998, is a bipartisan commission that monitors and reports on international religious freedom. The commission’s authorization is currently...
Washington D.C. — U.S. Senator Marco Rubio (R-FL) joined Senators Maggie Hassan (D-NH) and Todd Young (R-IN), and bipartisan colleagues in urging Senate leadership to prioritize expansion of the Research & Development (R&D) tax credit and ensure that businesses can fully deduct their R&D investments each year.
“We write to urge you to support U.S. economic competitiveness and innovation in any upcoming legislative package by expanding the research and development tax credit for small businesses and preserving full and immediate expensing for R&D investments,” the senators wrote.
“Unless Congress acts quickly to restore full and immediate expensing for R&D, this change will jeopardize high-paying American jobs and constrain domestic investment in strategically critical technologies,” the senators continued.
Click here to see a full list of cosponsors.
El full text of the letter .
Dear Leader Schumer and Leader McConnell:
We write to urge you to support U.S. economic competitiveness and innovation in any upcoming legislative package by expanding the research and development tax credit for small businesses and preserving full and immediate expensing for R&D investments.
Starting this year, innovative U.S. companies lost the ability to immediately write-off the full value of their investments in R&D. Unless Congress acts quickly to restore full and immediate expensing for R&D, this change will jeopardize high-paying American jobs and constrain domestic investment in strategically critical technologies. It is also crucial that Congress further promote U.S. competitiveness by strengthening the R&D tax credit claimed by innovative startups and small businesses across the country.
In August 2021, the Senate passed an amendment by voice vote to expand the R&D tax credit for small businesses and to preserve full and immediate R&D write-offs for U.S. innovators. We urge you to include similar provisions in any upcoming legislative package considered by Congress. Thank you for your attention to this important issue.