[Congressional Record Volume 168, Number 23 (Friday, February 4, 2022)]
[House]
[Pages H949-H950]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                AMERICA COMPETES ACT TACKLES CHALLENGES

  (Mr. SCHRADER asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. SCHRADER. Madam Speaker, I rise today in support of the America 
COMPETES Act of 2022.
  This comprehensive bill tackles the challenges everyday Oregonians 
face right now with supply chain and consequent rising consumer prices. 
It is a huge investment in our competitiveness on the global stage for 
the 21st century. It invests $45 billion to strengthen and improve our 
supply chains while incentivizing manufacturing of critical security 
goods that should be made right here in the United States.
  As the pandemic has shown us, active ingredients of lifesaving 
pharmaceuticals and PPE gear should not be all made overseas.
  I am also glad that leadership included the $52 billion in emergency 
CHIPS Act funding, a priority for my Problem Solvers Caucus and the 
State of Oregon. Without this Federal investment, our semiconductor 
problems would only grow worse. We will continue to see critical 
shortages, hindering a wide range of industries in my district and 
across the Nation. Passage here will strengthen our domestic supply and 
lead to good-paying jobs for our citizens and companies as they move to 
expand and set up our domestic manufacturing facilities.

[[Page H950]]

  This bill contains bipartisan proposals to keep us innovating and 
creating in critical industries and makes sure that the United States 
is not at the mercy of a tenuous international supply chain.

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