Trending claims

Following the outbreak of war with Iran in early 2026, oil shipments from the Persian Gulf have dwindled.

The National Association of Realtors reported that U.S. sales of existing homes fell 2 percent from July to August 2026, reaching their lowest level since June 2025.

As of September 2026, the yield on the 10-year U.S. Treasury bond has climbed above 5 percent, a level not seen since before the 2008 global financial crisis.

The annual pace of U.S. inflation was 3.4 percent in August 2026.

In late February 2026, U.S. mortgage rates fell below 6 percent.

Following an August 2026 meeting with advocates, Donald Trump drafted a social media post supporting a federal film tax incentive.

During an August 2026 meeting, a group including Jon Voight presented President Trump with a study commissioned by the Motion Picture Association about the economic benefits of a federal film tax credit.

The 2004 federal film tax deduction legislation expired at the end of 2025.

Efforts to prevent film productions from leaving the United States for other countries date back to around 2001 or earlier.

Georgia has one of the most generous sets of film incentives in the United States.

In response to film productions moving to Canada in the late 1990s, labor groups led by the Directors Guild of America successfully lobbied Congress to create a tax incentive.

The group including Jon Voight met with Donald Trump twice in 2026: once in February and again in late August.

Legislation enacted in 2004 created a special accelerated tax deduction for film production which had a low cap and numerous conditions.

In 2025, a group including a Mr. Karol, Jon Voight, and Steven Paul began meeting with Donald Trump to discuss increasing domestic film production.

Campaigns for state-level film tax credit programs have been successful in both Republican- and Democrat-led states.

Senator Adam B. Schiff represented Hollywood when he was a member of the House of Representatives.

A companion federal film tax credit bill in the House is sponsored by Representatives Nathaniel Moran (R-TX) and Linda T. Sánchez (D-CA), who are both members of the Ways and Means Committee.

Representative Laura Friedman took over the congressional seat previously held by Adam Schiff.

Proponents of the federal film tax credit bill are pushing to include it in a year-end spending measure that Congress is anticipated to review after the November 2026 midterm elections.

The federal film tax credit bill is sponsored in the Senate by Senator Tim Scott (R-SC) and Senator Adam B. Schiff (D-CA).