A Three-Bill Legislative Package

Rebuilding American Manufacturing through Free-Market Incentives

America doesn't have to beat China on price or features — just get close. The world will pay a premium to avoid dependence on Beijing. Today the gap is too wide. These bills deliver the financial incentives for American manufacturers to invest, narrow that gap, and win.

It took 30 years to lose manufacturing. Getting it back is not fast, free, or easy.

$1.44T – $1.62T

10-Year Package Cost

$2.3 – $4.4T

Cumulative GDP Impact

4.1 – 7.8 million

Jobs Created/Preserved

$100 – $250B/yr

Trade Improvement/yr

Bottom Line

We have a tremendous opportunity to incentivize manufacturing companies to adopt advanced manufacturing, innovate, and restore lost American product leadership while regaining national security and supporting the defense industrial base. Current equity and loan programs, while critical to the DIB, cannot scale to the tens of thousands of middle-tier suppliers required for a robust industrial base. This package uses simple tax and finance incentives tied to Domestic Value Added (DVA: U.S. labor, facilities, and domestic inputs) to improve manufacturing returns and unlock lower-cost private financing across the full supply chain, especially the "missing middle" which current programs do not reach.

Manufacturing returns lag other industries: money and talent follow returns. If we want to rebuild manufacturing, we need to improve its return profile.

The Package

A Free-Market Incentive Suite

This package complements the One Big Beautiful Bill, Administration actions, OSC, and LPO by introducing free-market incentives throughout the manufacturing supply chain. MISA combines the MINA and DO IT NOW credits into a single two-title bill.

01IRC §38A (Title I — MINA Credit) and §38B (Title II — DO IT NOW Credit)

MISA

Manufacturing and Industrial Security Act

A two-credit package to rebuild American manufacturing: for every dollar you spend on American workers, suppliers, and factories, you receive 1–6 cents in tax credits — and up to 16 cents in strategic sectors. If you can't use it, you can sell it or the Treasury will buy it from you for cash.

10-Year Cost

$1,394–1,529B (10-year)

02Government-Sponsored Enterprise

Mannie Mac

Manufacturing Finance Corporation Act

A manufacturing loan-guarantee corporation to mobilize bank capital, incentivize investment, and securitize loans — catalyzing a new era of American industrial growth.

10-Year Cost

$25B appropriation ($12.7B net)

03IRC §2010A/§2505A (Track 1) and §1202A (Track 2)

MERA

Manufacturing Entrepreneurs Rewards Act

Preserving American manufacturing capacity during the largest generational ownership transition in U.S. industrial history.

10-Year Cost

$36–73B (10-year)

Return on Investment

A Good Return for the American People

Investment

$1.44T – $1.62T

package cost

GDP Return

$2.3 – $4.4T

cumulative GDP

ROI Multiple

1.47× – 3.15×

GDP return per dollar

Cost of Inaction

Package Enacted: +$2.3–4.4T GDP, +4.1–7.8M jobs, improved trade balance

No Action: –2.9M jobs at risk (TCJA), –$470B/yr GDP, continued deficit

Supporting the Defense Industrial Base

The defense industrial base depends on thousands of Tier 2–n suppliers that existing programs — DPPA Title III, DPA, and LPO — cannot scale to serve. This package creates a full-lifecycle support system: MISA's two-tier credit structure (MINA + DO IT NOW) improves operating margins on domestic production, Mannie Mac lowers the cost of capital for small-to-mid-size DIB suppliers, and MERA provides incentives for entrepreneurs and succession to reinvigorate small and medium size businesses.

This effort could fall within the "1.5% of GDP for security-related spending" identified in the recent National Defense Strategy.

Read the full DIB analysis

Why Now

These can move as standalone bills or as part of reconciliation. But the reconciliation window, if it happens, requires action now.