Posted on March 5, 2025
Following is a verbatim quote from the President’s speech on Tuesday night, March 4:
We want to be protected, and we are going to protect our citizens like never before. To boost our defense industrial base we are also going to resurrect the American shipbuilding industry, including commercial shipbuilding and military shipbuilding. And for that purpose, I am announcing tonight that we will create a new office of shipbuilding in the White House that offers special tax incentives to bring this industry home to America where it belongs. We used it to make so many ships. We don’t make them anymore very much, but we’re going to make them very fast, very soon. It will have a huge impact.
