Hollywood has the best crews, soundstages, and post-production houses. It makes sense to keep filming here, but right now America is not competing for film and TV productions.
That will change with the bipartisan film tax credit that I helped introduce last week. (1/2)
cbsnews.com
Proposed legislation aims to bring "Hollywood home" by way of a national film tax credit
"I am here to tell you that we have never been this close to getting a federal tax credit passed. Never been this close," Senator Adam Schiff said, noting that there is bipartisan support, including the support of the White House.