During a recent address, former President Trump criticized the CHIPS and Science Act, which had previously received bipartisan support and was aimed at boosting U.S. semiconductor manufacturing. He called it ineffective and suggested reallocating its funding to reduce national debt. In contrast, Democratic leaders highlighted the Act's benefits for research and development, asserting that setbacks caused by recent decorum could hinder progress. The ongoing debate illustrates the increasing tension surrounding federal funding for technology initiatives.
The CHIPS Act is a horrible, horrible thing. We give hundreds of billions of dollars and it doesn't mean a thing. They take our money and they don't spend it.
CHIPS and Science bolstered our research agencies' resources and catalyzed cross-governmental harmonization of research security policies.
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