On the recordFebruary 28, 2023
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. ____________________





