President Joe Biden on Tuesday signed the CHIPS and Science Act into law, a bill that aims energize the domestic manufacturing of semiconductor chips and other technologies critical to many U.S.-based supply chains.
The COVID-19 pandemic exposed weaknesses in manufacturing and supply chains due to their dependence on foreign chips.
Biden signed the bill during a ceremony on the South Lawn of the White House.
“In America, everything is possible,” Biden said in his speech. “We can channel all of our resources. We can channel the good talents of all our people.”
Not ready for prime time.
“We haven’t always gotten it right, but we have never walked away,” he added.
“Fundamental change is taking place today — politically, economically and technologically.”
The White House said the bill will lower the cost of everyday goods, strengthen American manufacturing and innovation and bolster economic and national security. Officials added that the bill will boost U.S. semiconductor research, development and production.
“America invented the semiconductor, but today produces about 10% of the world’s supply and none of the most advanced chips,” the White House said in a statement. “Instead, we rely on East Asia for 75% of global production.”
Since Congress passed the bill, tech companies have announced nearly $50 billion in additional investments in U.S. semiconductor manufacturing. The White House said every region of the country will benefit from the new law.
Tuesday’s remarks came after Biden was cleared following his second COVID-19 infection, but he coughed several times in his speech, indicating that the virus might not completely be out of his system yet.
“Decades from now, people will look back at this week with all we have passed and all we have moved on [and say] that we met the moment at this inflection point in history,” Biden said. “I promise you, we’re leading the world again for the next decades.”
Later Tuesday, Biden will also sign the Instruments of Ratification for the Accession Protocols to the North Atlantic Treaty for Finland and Sweden. The document submits formal U.S. approval in adding the Scandinavian countries to NATO.
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The only thing missing in that photo is his horns—he is a true demon under Satan’s power. He is the epitome of Evil.
Satan doesn’t want his bumbling down in hell…
At least he coughing all over Democrats and not Republicans.
“In America, everything is possible,” Biden said in his speech. “We can channel all of our resources. We can channel the good talents of all our people.”,,,,,this from the guy whose socialist conquered education system produces legions of sheep with no talent to keep us from getting butchered by our foreign enemies. Joe’s idea of channeling our resources is a democrat party séance, that channels the ghost of Saul Alinsky speaking to him about his admiration for the source and power that inspires he and all Democrats these days,,,” the first radical known to man who rebelled against the establishment and did it so effectively that he at least won his own kingdom – Lucifer”,,, all the while making the Movie “Goodbye Mr Chips” a real life American technological experience among legions of others that this failed taxpayer extortionist President has coughed up to infect our Economy and national security.
On ABC news about 7 years ago a company that made these computer parts left the U.S.. He said on the news Americans could not pass his company test. You must pass with a 90 or better. It was company policy to pass the test before an offer of Employment can be made. He didn’t care how many Certificates or Diplomas you had . You were required to pass with a 90 or better to show you knew the job. It was a germ free Environment you had to work in and the parts were checked for Quality. He refused to hire someone just for race. American education is just not good.
Maybe he can spread covid to them all… AND MONKEYPOX too!