The U.S. House of Representatives passed U.S. Senator Marco Rubio’s (R-FL) Pensacola and Perdido Bays Estuary of National Significance Act (S. 50) to direct the Environmental Protection Agency to formally enroll the Pensacola and Perdido Bays Estuary Program (PPBEP)...
U.S. Senator Marco Rubio (R-FL) released a statement on his nomination by President-elect Donald J. Trump to serve as the United States Secretary of State. “Leading the U.S. Department of State is a tremendous responsibility, and I am honored by the trust President...
U.S. Senator Marco Rubio (R-FL) joined The World Over with Raymond Arroyo to discuss President-elect Donald Trump’s historic victory, the Democrats’ response to the election, foreign policy challenges facing our nation, and more. See below for highlights and watch the...
U.S. Senator Marco Rubio (R-FL) joined America Reports to discuss President-elect Donald Trump’s historic victory, Democrats’ proclamation of “resistance,” and the failure of identity politics. See below for highlights and watch the full interview on YouTube and...
Senator Rubio's office is pleased to be issuing a limited number of tickets to President-elect Donald Trump's inauguration ceremony, which will occur on January 20, 2025 at the West Front of the U.S. Capitol. Floridians interested in receiving tickets should fill out...
U.S. Senator Marco Rubio (R-FL) joined Hannity to discuss President-elect Donald Trump’s historic victory. See below for highlights and watch the full interview on YouTube and Rumble. On the ongoing realignment among American voters: “The Republican Party now reflects...
Why I believe in industrial policy — done right
U.S. Senator Marco Rubio (R-FL)
April 2, 2024
…[T]he Biden administration has tried to reclaim industrial policy through the Chips and Science Act and the Inflation Reduction Act…. Unfortunately, the results aren’t living up to the rhetoric.
The Chips Act was supposed to help the United States compete with China on semiconductors, but because of lobbyist pressure, the bill was watered down…. In addition, absurd diversity, equity and inclusion requirements and environmental regulations have hamstrung Chips’s implementation….
The Inflation Reduction Act is doing even worse than Chips…. The law has created the “green manufacturing boom” the president promised, but in China, not in the United States.
There is a temptation, especially in the Republican Party, to respond by reverting to the old consensus — to resume a pre-2017 economic mind-set…. But that mind-set is why our industrial communities are dying and our military is in danger of being swamped….
[T]o chart a new course…without merely ceding the lead to China, we can’t abandon industrial policy. Rather, we must strengthen it with genuine conservative insights.
This means focusing on the domestic industrial base and the working class, not fantasies such as the “green transition.” It means supporting critical industries such as mining, oil and gas, and metallurgy….
It [also] means tying generous subsidies to performance requirements such as export quotas. Finally, it means getting serious about deregulation and permitting reform….