On the recordJuly 19, 2022
in a few moments, the Senate will take the first procedural vote on the chips bill that will fight inflation, boost American manufacturing, ease our supply chains, and protect American security interests. This is one of the important votes that we will take this session, because advancing this bill is crucial for lowering costs, solving our Nation's chip shortage, and making sure America remains competitive in the 21st century. America will fall behind in so many areas if we don't pass this bill, and we could very well lose our ranking as the No. 1 economy and innovator in the world if we can't pass this. Lower costs, more jobs, a stronger economy--that is the recipe behind this bill, and it spells good news for the American people today and for decades to come. I want to thank both my Democratic and Republican colleagues for working together for more than a year on these policies. I want to thank Senator Cantwell, our very able, dedicated, and hard-working committee chair, as well as Senators Wicker and Cornyn and Warner and Kelly and Sinema, as well as our conference members, as well as the many individual Senators on both sides who contributed to this legislation. This has been bipartisan work in the Senate at its best-- something we have done on several pieces of legislation this year--and I hope we can do more and do it more often.…





