Political Quotes

On the recordFebruary 2, 2022
Mr. Speaker, I rise today to express my concerns with H.R. 4521. I want to talk for a moment not about China but about Licking County, Ohio, and the district I represent. Licking County, located on the outskirts of Columbus, was cast into the national spotlight last month when a major U.S. tech company announced an initial $20 billion investment to build the first phase of what they plan to grow into the world's largest semiconductor manufacturing facility. This investment will put Licking County at the epicenter of a new silicon heartland and at the forefront of addressing the Nation's semiconductor shortage. This investment will have an economic ripple effect throughout the region. Indeed, it will benefit our entire country. Semiconductor chips are crucial components to products Americans use every day, including cars, computers, cell phones, and virtually every electronic device in our homes. Since the early 1990s, the United States' share of semiconductor manufacturing has fallen from 37 percent to just 12 percent today. Asian countries now account for more than 70 percent of semiconductor chip manufacturing globally. The COVID-19 pandemic and its following supply chain disruptions have brought this issue to the forefront for every American. One concern for Americans in the market for a new car is the empty lots of dealerships as automobile production lines wait for chips from Asia.…

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The Ranking Member of our full Committee, Mr. Chabot, has introduced a new piece of legislation, H.R. 8265, that would extend the program through the end of the year.

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