Political Quotes

“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.…”