U.S. Representative Peter Meijer (R-MI) joined U.S. Senator Gary Peters (D-MI) and U.S. Representatives Debbie Dingell (D-MI) and Haley Stevens (D-MI) in a bipartisan, bicameral push urging President Biden to fund initiatives to restore and increase semiconductor manufacturing in the U.S. The Michigan lawmakers made the request as part of an effort to address the semiconductor shortage facing auto manufacturing.
These funds are available through the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act that was signed into law as part of the Fiscal Year 2021 National Defense Authorization Act (NDAA).
Excerpt from the letter:
“We write today to encourage you to prioritize securing funding to implement the initiatives authorized in the CHIPS for America Act that were enacted into law as part of the fiscal year 2021 National Defense Authorization Act.
“We would specifically request you consider joining us in support of funding levels that are at least the authorized amounts proposed in the original bill as you work with Congress on a package of policies to better compete with China and how best to strengthen our country’s economic competitiveness and resiliency as well as national security.
“…The United States cannot wait to provide these resources over the years ahead. The halted production lines for consumer technology, auto manufacturers, truckers, and other critical industries due to a semiconductor shortage further highlights the pressing need to act quickly and fund the enacted bipartisan provisions.”
Original source can be found here.
