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.



Category :travel

Siddaramaiah Asks JD(S) MLAs For Conscience Vote In Rajya Sabha Polls

Siddaramaiah Asks JD(S) MLAs For Conscience Vote In Rajya Sabha Polls

- Bengaluru: A day ahead of the Rajya Sabha polls for four seats from Karnataka, Congress Legislature


"Cant Regulate Airfare, But...": Minister Shares Big Plans As Air Travel Booms

"Cant Regulate Airfare, But...": Minister Shares Big Plans As Air Travel Booms

- Jyotiraditya Scindia speaks to NDTV in a week in which India yet again broke its record of daily fliers, crossing 4.3 million


China Should Eventually "Co-Exist" With Covid, Says Top Scientist

China Should Eventually "Co-Exist" With Covid, Says Top Scientist

- COVID-19 in China: "It is the long-term goal of humanity to co-exist with the virus" at tolerable death and illness rates, Zeng Guang wrote


Team Shinde Says Uddhav Thackeray Must Talk To BJP For Any Possible Patch Up

Team Shinde Says Uddhav Thackeray Must Talk To BJP For Any Possible Patch Up

- Mumbai: Rebel Shiv Sena MLAs have aligned with the BJP in Maharashtra and if there is any possibility



Category