Political Quotes

“Mr. President, our economy is as resilient as any in the world. At the same time, we know that it is important to always look to modernize key economic policies, particularly as it relates to fundamental questions of research and development and also production and manufacturing, in order to create high-skilled, high-wage jobs from sea to shining sea. Now, I come from a State that is a leader in technological innovation, not just for our country but for the world. Oregonians know how important it is to invest and make sure that the United States stays at the forefront of technological breakthroughs. The reality is, when it comes to chips, we have some important work to do, so I want to take just a few minutes to describe why it is so essential for the Congress to get this legislation done now. First of all, our bill is going to bring down costs for consumers and businesses. Everybody knows there are chips in laptops, phones, and cars, but there are also chips in refrigerators and even vacuum cleaners, as we saw at Stark's in Southeast Portland recently. From the time you pick your head up off your pillow until the time you go to bed at night, you are interacting with chips. That is what made it such an economic nightmare when the pandemic hit and the supply of semiconductors got cut short. Prices for a host of important goods went into the stratosphere. Some products weren't available at all. Factories in America went dark because they couldn't get component parts.…”