Cartwright Applauds Bipartisan House Passage of CHIPS and Science Act
Washington, D.C.,
July 28, 2022
Today, Rep. Cartwright voted for historic, bipartisan legislation to strengthen Pennsylvania families’ financial future, boost America’s research advantage and safeguard our economic and national security for generations to come. The CHIPS and Science Act will deliver a powerful investment in America’s global competitiveness – creating jobs, slashing kitchen table costs, ending dependence on foreign manufacturers and turbocharging American innovation. Previously passed by the Senate, this legislation now heads to the President’s desk to be signed into law. “Today, Congress took a big step forward in improving American innovation for generations to come. The CHIPS and Science Act of 2022 will bolster our nation’s production of semiconductor chips right here at home – reinvigorating American manufacturing and creating nearly 100,000 good-paying, union jobs,” said Rep. Cartwright. “This bold, bipartisan, comprehensive package will address inflation, help build a strong and diverse STEM workforce, address the great societal and scientific challenges we face as a nation and bolster our ability to compete on a global scale.” A nationwide shortage of semiconductor chips has severely disrupted American manufacturing – slowing down production, spiking prices and increasing dependence on unfriendly foreign nations. Only 12 percent of semiconductor chips are currently manufactured domestically – a dramatic drop from 37 percent in the 1990s – while foreign competitors are investing heavily to dominate this critical national security industry. Other nations have also begun to outpace the United States’ research advantage – threatening American preeminence in technology and scientific innovation. The bipartisan CHIPS and Science Act will reverse these dangerous trends, reasserting America’s economic independence and scientific dominance. This legislation:
This legislation also includes strong guardrails to ensure that federal semiconductor investments go straight into Pennsylvania’s economy – not corporate pockets or unfriendly nations. The CHIPS and Science Act will:
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