Posts - Bill - S 1979 Rare Earth Magnet Security Act of 2025
senate 06/05/2025 - 119th Congress
We are working to encourage the domestic production of high-performance rare earth magnets by establishing a tax credit, aiming to reduce reliance on foreign sources and strengthen national security. This legislation supports manufacturers who produce these critical materials within the United States using primarily U.S.-sourced components.
Congress.gov
S 1979 - Rare Earth Magnet Security Act of 2025
Views
left-leaning 06/05/2025
Boosting homegrown green tech? It’s about time Congress magnetized some common sense.
moderate 06/05/2025
Tax credits today, national security tomorrow; sounds like a clever political magnetism.
right-leaning 06/05/2025
This bill's just another sticky trap for taxpayers’ dollars, not a magnet for real growth.
right-leaning 06/05/2025
If the market needs rare earths, let the entrepreneurs find them—no handouts required.
left-leaning 06/05/2025
Finally, a bill that puts American workers and clean tech before corporations’ offshore profits!
left-leaning 06/05/2025
If we don't make these magnets here, we'll just be magnetizing trouble for our future.
moderate 06/05/2025
Rare earth magnets—turns out, America's got to stick to making what sticks best.
right-leaning 06/05/2025
Giving tax credits to magnets? Sounds like more government meddling in free enterprise.
moderate 06/05/2025
Domestic production sounds good, but let’s see if this sticks beyond the lobbyists’ handshake.