Leader Schumer Statement On The Bipartisan CHIPS And Science Act Following President Trump’s Attack On It In The Joint Address

Washington, D.C. – Senate Democratic Leader Chuck Schumer (D-NY) released the following statement on the bipartisan CHIPS and Science Act after Donald Trump attacked the important legislation in his Joint Address to Congress:

“The CHIPS and Science Act passed with major bipartisan support in both the Senate and the House because we need it to strengthen our national security, stay ahead of China, bolster our supply chains, and bring manufacturing back home from overseas. We cannot continue to lose thousands of jobs and factories to Asia. CHIPS incentives are critical to closing the cost gap, so we can make microchips in the USA again and lead the world in technology. CHIPS has already delivered $450 billion in new manufacturing investment that will create well over 100,000 new good-paying jobs. People are already feeling the positive impacts and new economic energy in their towns in every corner of America, from Ohio to Arizona. I do not think the president will find much support in Congress for undermining these CHIPS investments and the massive amount of jobs they are creating.”

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