Trump Endorses U.S. Tax Incentive to Keep Hollywood Production: ‘Let’s Get This Done!’

President Trump on Monday endorsed a federal tax incentive for film and TV production, a move long sought by Hollywood studios and unions.

In a statement posted to Truth Social, Trump said he will push for a bipartisan bill to save the industry.

“I am going to suggest that Republicans and Democrats get together, and immediately craft Legislation to save the Movie, Television, and Entertainment Business in America,” he wrote. “Congress should approve, immediately, a Federal Production Incentive to create Entertainment Jobs in America. It can be done quickly, accurately, efficiently and, importantly, will benefit ALL of America. What we watch on the Silver Screen should be made in what was once the Movie and Motion Picture Capital of the World. Let’s get this done!”