On the recordJuly 19, 2022
I know we are expecting a vote soon here, and I know that our colleagues know that we will have two votes-- one on a nominee and the second one on a motion to proceed to what has been known as the Innovation and Competition Act. I just wanted to say, because I know there have been a few people out here on the floor--and I won't spend a lot of time now--that, hopefully, we will proceed on the motion to proceed and that we will have a much larger discussion. I do want to clarify that today's vote is really about whether we are going to stop shipping jobs overseas and instead invest in American R&D. If we invest in American R&D, then we will see the plant, like is being talked about in Ohio, get built instead of getting immediately built in Europe. We will see other companies make investments in States like Texas and Arizona and Idaho and in many other parts of the United States. We will help build an ecosystem here in the United States of technology and next-generation development. I encourage my colleagues to vote for a bill that makes an investment and competes with the next-generation semiconductors so that we can go even faster with innovation than we are currently doing because so much of that development is happening overseas. It is happening in Taiwan, and it is happening in Korea. They have had ``game on'' for a while. They have had ``game on'' and have literally taken a page out of what the United States has done to attract and keep industry here.…
