[Congressional Record Volume 168, Number 38 (Wednesday, March 2, 2022)]
[House]
[Page H1217]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




            AMERICA'S EXCELLENCE IN SCIENCE AND ENGINEERING

  (Ms. PELOSI asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. PELOSI. Mr. Speaker, last night we heard the President of the 
United States speak with great enthusiasm about our friendship with the 
people of Ukraine and how we have shared values in terms of democracy, 
in terms of sovereignty, and in terms of not having someone come into 
their country and usurp their freedom.
  President Biden also spoke about America's freedom in the world in 
terms of our independence in terms of our own investments in our 
economic future. America's excellence in science and engineering has 
long been the envy of the world. Along the way other countries have 
copied our model, investing in education and research and took over 
some of the manufacturing of our supply.
  We have, what was referenced by the President last night, 
legislation, we call it the America COMPETES Act in the House of 
Representatives. It is a blueprint for our independence and our self-
sufficiency economically in the world.
  With the House-passed America COMPETES Act we do three things. First 
of all, we invest in chips, $52 billion in chips and semiconductors. Do 
you know how many chips are in a car? There are 1,000; and in an 
electric car, 2,000. In order for our auto manufacturers to continue to 
create jobs and create products, we need chips. $52 billion.
  Secondly, we reinvigorate our manufacturing base by addressing the 
supply chain issues. Supply chain increases supply, reducing costs, 
lowing inflation. This is very important. There is $48 billion invested 
there.
  Third, we invest in research and education into stem cell so we can 
diversify the workforce to include many more people, everyone in our 
country, as we advance science and technology and good-paying jobs for 
the future.
  Again, we are prepared to go into conference with the Senate on this 
legislation. We are always ready to fight for the people. We expect to 
have this legislation before too long, and when we do so we will be 
lowering costs, increasing paychecks, and doing so for the people.

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