$840 billion a yr on military defense-But We Can't Afford more than $2.3 billion for climate crisis?

[lapucelle]

52. I said that entire House Progressive Caucus voted for semiconductor funding,

and the entire House Progressive Caucus did vote for semiconductor funding. It was a provision of HR 4521.

You assumed both that I was referring to the Senate CHIPS+ Act and that the House hadn't voted on semiconductor funding in any other bill that came up in the second session of the 117th Congress.

And you were wrong on both counts.

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H.R. 4521, The America COMPETES Act of 2022

The America COMPETES Act of 2022 is a bold, comprehensive package to strengthen America’s competitiveness, including:

Creating the CHIPS for America Fund
Includes $52 billion for CHIPS for America Act which will incentivize private-sector investments and continued American leadership in semiconductor fabrication and will help address supply chain disruptions and ensure that more semiconductors are produced here at home.

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DIVISION A: Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America

Semiconductors are essential to our national security and our economic competitiveness – but over the past 30 years the United States’ share of global semiconductor manufacturing has significantly decreased, putting our national and economic security at risk.

The America COMPETES Act of 2022 appropriates $52 billion for the CHIPS for America Act – critical investments to support continued American technological leadership in semiconductor fabrication, address supply chain disruptions and ensure more semiconductors are produced here at home.

The America COMPETES Act of 2022 provides urgently needed funding to the R&D programs authorized in the CHIPS Act, including funding to stand up the National Semiconductor Technology Center, expand semiconductor manufacturing R&D under the Manufacturing USA Program, and establish an advanced packaging R&D program.

• This bill provides substantial financial assistance to incentivize investment in facilities and equipment for semiconductor fabrication, assembly, testing, advanced packaging, and research and development.

• The financial assistance may be used for the construction, expansion or modernization of semiconductor facilities, support workforce development, and pay the reasonable costs of operating a semiconductor facility.

• It invests $2 billion to support critical components in the production of many automobiles, consumer electronics and defense systems.

www.speaker.gov/sites/speaker.house.gov/files/America%20COMPETES%20Act%20of%202022%20HR%204521.pdf

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And by the way, I like the new, improved. enlarged screenshot of exactly what I said so much that I think I'll put it right here.


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