[Congressional Record Volume 169, Number 38 (Tuesday, February 28, 2023)]
[Senate]
[Page S510]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                         CHIPS AND SCIENCE ACT

  Mr. SCHUMER. Mr. President, now on CHIPS and Science. Just 6 months 
after President Biden signed the CHIPS and Science Act into law, we are 
already seeing it pay major--major--dividends for our economy, to the 
tune of $200 billion in private investments across 16 States. And 
starting today, applications are officially open for more investments 
in American industry and American workers.
  Today, Secretary Raimondo, who has done terrific work getting CHIPS 
up and running, is rolling out the Department of Commerce's 
applications with CHIPS funding.
  Today's rollout is a major step towards making America the world 
leader in chip production once again, with tremendous benefits for our 
national security, for outcompeting the Chinese Communist Party, and 
creating tens of thousands of good-paying union jobs right here at 
home.
  So I want to commend Secretary Raimondo, who was not only a crucial 
partner with me in getting the bill across the finish line but who has 
also done a fantastic job rolling out the funding so quickly, so 
effectively, so efficiently. And I want to commend my colleagues on 
both sides of the aisle for recognizing the need to get this done and 
pushing to make it happen.

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