On the recordJuly 26, 2022
this morning--this morning--the Senate will draw a clear line in the sand that America's chip crisis and America's dwindling commitment to science and innovation will not continue under our watch. Within the next hour, the Senate will vote, finally--finally--to move toward final passage of our CHIPS and Science bill. That is what we are calling it, the CHIPS and Science bill. That will put us in a position to finish the work on this bill before the end of the week. It is a major step for our economic security, our national security, our supply chains, and, in fact, for America's future--for America's future. I want to be clear. The proposal we are passing this week contains the majority of key science and innovation measures that the Senate passed last summer. It will make historic investments to scientific research. It will take direct aim at our Nation's chip crisis. Alongside the infrastructure law and our recent gun safety bill, among others, it is one of the most consequential bipartisan achievements of this Congress. I thank all of my Senate colleagues on both sides of the aisle who are helping to make this happen. I am confident that future generations will look back on the passage of this CHIPS and Science bill as a turning point for American leadership in the 21st century, but it didn't come together overnight. The legislation has been several years in the making.…





