U.S. Governors Urge Swift Action On $52 Billion Chip Funding Bill

Author : desertsafari
Publish Date : 2022-02-25 00:00:00


U.S. Governors Urge Swift Action On $52 Billion Chip Funding Bill

A bipartisan group of 22 governors Thursday urged leaders in Congress to move quickly to finalize $52 billion in government funding to subsidize the production of semiconductor chips. A persistent industry-wide shortage of chips has disrupted production in the automotive and electronics industries, in particular, forcing some firms to scale back production. "We can all point to industries in our states that have been impacted – from auto manufacturing to consumer electronics, home appliances, medical devices, agriculture, defense, and more," the governors wrote in a letter. Michigan Governor Gretchen Whitmer, a Democrat, led the letter, including the governors of California, New York, Pennsylvania, New Jersey, Illinois, Indiana, Ohio, New Jersey, Nevada, North Carolina, Indiana, Kentucky, Massachusetts, Connecticut, Oregon, Utah, Vermont, Idaho, Wisconsin, West Virginia, and Washington. The U.S. House on Feb. 4 narrowly passed a bill aimed at increasing American competitiveness with China and $52 billion to boost U.S. semiconductor manufacturing. The bill's passage sets up negotiations with the Senate on compromise legislation, which must pass both chambers before it can be sent to the White House for President Joe Biden's signature.

A bipartisan group of 22 governors Thursday urged leaders in Congress to move quickly to finalize $52 billion in government funding to subsidize the production of semiconductor chips. A persistent industry-wide shortage of chips has disrupted production in the automotive and electronics industries, in particular, forcing some firms to scale back production. "We can all point to industries in our states that have been impacted – from auto manufacturing to consumer electronics, home appliances, medical devices, agriculture, defense, and more," the governors wrote in a letter. Michigan Governor Gretchen Whitmer, a Democrat, led the letter, including the governors of California, New York, Pennsylvania, New Jersey, Illinois, Indiana, Ohio, New Jersey, Nevada, North Carolina, Indiana, Kentucky, Massachusetts, Connecticut, Oregon, Utah, Vermont, Idaho, Wisconsin, West Virginia, and Washington. The U.S. House on Feb. 4 narrowly passed a bill aimed at increasing American competitiveness with China and $52 billion to boost U.S. semiconductor manufacturing. The bill's passage sets up negotiations with the Senate on compromise legislation, which must pass both chambers before it can be sent to the White House for President Joe Biden's signature.

A bipartisan group of 22 governors Thursday urged leaders in Congress to move quickly to finalize $52 billion in government funding to subsidize the production of semiconductor chips. A persistent industry-wide shortage of chips has disrupted production in the automotive and electronics industries, in particular, forcing some firms to scale back production. "We can all point to industries in our states that have been impacted – from auto manufacturing to consumer electronics, home appliances, medical devices, agriculture, defense, and more," the governors wrote in a letter. Michigan Governor Gretchen Whitmer, a Democrat, led the letter, including the governors of California, New York, Pennsylvania, New Jersey, Illinois, Indiana, Ohio, New Jersey, Nevada, North Carolina, Indiana, Kentucky, Massachusetts, Connecticut, Oregon, Utah, Vermont, Idaho, Wisconsin, West Virginia, and Washington. The U.S. House on Feb. 4 narrowly passed a bill aimed at increasing American competitiveness with China and $52 billion to boost U.S. semiconductor manufacturing. The bill's passage sets up negotiations with the Senate on compromise legislation, which must pass both chambers before it can be sent to the White House for President Joe Biden's signature.

A bipartisan group of 22 governors Thursday urged leaders in Congress to move quickly to finalize $52 billion in government funding to subsidize the production of semiconductor chips. A persistent industry-wide shortage of chips has disrupted production in the automotive and electronics industries, in particular, forcing some firms to scale back production. "We can all point to industries in our states that have been impacted – from auto manufacturing to consumer electronics, home appliances, medical devices, agriculture, defense, and more," the governors wrote in a letter. Michigan Governor Gretchen Whitmer, a Democrat, led the letter, including the governors of California, New York, Pennsylvania, New Jersey, Illinois, Indiana, Ohio, New Jersey, Nevada, North Carolina, Indiana, Kentucky, Massachusetts, Connecticut, Oregon, Utah, Vermont, Idaho, Wisconsin, West Virginia, and Washington. The U.S. House on Feb. 4 narrowly passed a bill aimed at increasing American competitiveness with China and $52 billion to boost U.S. semiconductor manufacturing. The bill's passage sets up negotiations with the Senate on compromise legislation, which must pass both chambers before it can be sent to the White House for President Joe Biden's signature.

A bipartisan group of 22 governors Thursday urged leaders in Congress to move quickly to finalize $52 billion in government funding to subsidize the production of semiconductor chips. A persistent industry-wide shortage of chips has disrupted production in the automotive and electronics industries, in particular, forcing some firms to scale back production. "We can all point to industries in our states that have been impacted – from auto manufacturing to consumer electronics, home appliances, medical devices, agriculture, defense, and more," the governors wrote in a letter. Michigan Governor Gretchen Whitmer, a Democrat, led the letter, including the governors of California, New York, Pennsylvania, New Jersey, Illinois, Indiana, Ohio, New Jersey, Nevada, North Carolina, Indiana, Kentucky, Massachusetts, Connecticut, Oregon, Utah, Vermont, Idaho, Wisconsin, West Virginia, and Washington. The U.S. House on Feb. 4 narrowly passed a bill aimed at increasing American competitiveness with China and $52 billion to boost U.S. semiconductor manufacturing. The bill's passage sets up negotiations with the Senate on compromise legislation, which must pass both chambers before it can be sent to the White House for President Joe Biden's signature.



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