flexiblefullpage - default
Currently Reading

Republican and Democratic Lawmakers Introduce New Bill to Address Supply Chain Shortfalls

billboard - default
Government + Policy

Republican and Democratic Lawmakers Introduce New Bill to Address Supply Chain Shortfalls

Sen. Marco Rubio and Rep. Ro Khanna are introducing a new bill to address and resolve supply chain disruptions and critical shortages 

December 13, 2022
Cargo in storage on shipyard
Image: Stock.adobe.com

A new bipartisan bill introduced by Sen. Marco Rubio (R., Fla.) and Rep. Ro Khanna (D., Calif.) seeks to identify and resolve weaknesses in U.S. supply chains that could hurt national security and slow domestic manufacturing growth, The Wall Street Journal reports. The 18-page proposal, called the National Development Strategy and Coordination Act of 2022 aims to strengthen domestic manufacturing and reduce U.S. reliance on other countries while addressing both long term and immediate supply chain shortfalls.

No other lawmakers have signed onto the proposal, though many have voiced concerns over critical shortages and supply chain hurdles in years past and have called on Congress to respond.

“For decades, we watched as American industry went offshore, and we basically offered a Band-Aid to communities,” Mr. Khanna said in an interview. 

“If we want to be a strong nation, we have to rebuild and invest in critical industries at home,” Mr. Rubio said. He said the bill would create “the road map, using existing tools within our government, to focus on and invest in things that actually matter.”

Read more

leaderboard2 - default

Related Stories

Government + Policy

Can Limiting Hedge Funds From Buying Homes Lower Housing Prices?

Since large institutions make up just 13% of all investor homebuyers, their impact on rising home prices may not be as significant as some believe

Housing Policy + Finance

Even With Inflation Running Hot and Elevated Mortgage Rates, Buyer Demand Rises

Mortgage rates will likely stay high for the next few months, but that doesn't seem to be deterring homebuyers

Housing Policy + Finance

The Garden State Takes a New Approach to Expanding Affordable Housing

Recent legislation in New Jersey could provide inspiration for eliminating affordable housing hurdles in other places with strong housing markets

boombox1 -
native1 - default
halfpage2 -

More in Category

Home builders can maximize efficiencies gained through simplification and standardization by automating both on-site and back-office operations 

Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness

NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs

native2 - default
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.

Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.