The following press release was sent out by Congressman Mike Simpson. Press releases sent out by elected officials do not necessarily reflect the views and opinions of those at the Idaho Dispatch.
Washington, D.C. – Idaho Congressman Mike Simpson today made the following statement regarding the CHIPS Plus Act:
“Bringing semiconductor fabrication back to the U.S. is a pressing matter for both commercial and defense needs. I was proud to support CHIPS for America when passed as part FY2021 National Defense Authorization Act,” said Simpson. “However, the CHIPS Plus bill that the House voted on today was a far cry from a clean bill to support U.S. competitiveness.”
“Rather than engage in good faith negotiations with Republicans on this legislation relating to semiconductors this session, Democrats chose to craft yet another bill that sends billions of taxpayer dollars to Democratic wish list items that have nothing to do with countering China’s stranglehold over critical resources. I support funding for U.S. semiconductor production – but at a time when inflation is at record levels and Americans are already suffering under the crushing weight of rising prices, it is irresponsible to approve even more reckless spending that will almost certainly send our economy into recession.”
H.R. 4346 passed the U.S. Senate on July 27, 2022, by a vote of 64-33 and the House of Representatives today by a vote of 243-187. The bill will now be presented to the President to be signed into law.