Crapo, Cornyn, Colleagues Ask Biden To Fund Initiatives To Increase U.S. Semiconductor Production

Press Release

U.S. Senator Mike Crapo (R-Idaho) joined U.S. Senator John Cornyn (R-Texas) and a bipartisan, bicameral group of colleagues in sending a letter to President Biden requesting that he fund the initiatives to restore semiconductor manufacturing to American soil included in the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act that was signed into law in December as part of the Fiscal Year 2021 National Defense Authorization Act.

"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," the letter reads in part.

"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."

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