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The Democratic Strategist

Political Strategy for a Permanent Democratic Majority

Big Win for Dems on Microchips Bill

From “In victory for Democrats, Congress sends chip subsidy bill to Biden” by Gavin Bade at Politico:

The House approved a massive semiconductor subsidy and research bill known as the “Chips plus Science” Act, 243-187, with one lawmaker voting present, sending the legislation to President Joe Biden for his signature.

The bill, in the works for almost two years, is intended to decrease U.S. reliance on computer chips manufactured in China and other countries, as well as fund science and technology research to keep American industries competitive with foreign firms.

The vote represents a win for the White House and congressional Democrats, who in recent months stripped out a litany of provisions related to trade and competitiveness strategy toward China in an attempt to get the legislation over the finish line before the midterm elections. President Biden, who has hailed the legislation as “historic,” reiterated Thursday he will swiftly sign it into law.

“The CHIPS and Science Act is exactly what we need to be doing to grow our economy right now,” the president said in a statement after the House passed the bill. “By making more semiconductors in the United States, this bill will increase domestic manufacturing and lower costs for families. And, it will strengthen our national security by making us less dependent on foreign sources of semiconductors.”

Bade notes that “….24 GOP House members supported final passage of the legislation. That includes Foreign Affairs Committee ranking member Michael McCaul (R-Texas), who said the national security concerns that fueled the bill needed to be addressed….“I get the classified briefings, not all these members do,” McCaul told reporters ahead of the vote. “This is vitally important to our national security.”

Perhaps swing voters in the other 187 Republican-held House districts would like to know why their reps did not support the bill.

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