TWO YEARS ON: The Landmark CHIPS and Science Act
The CHIPS and Science Act took years, but it has been a bigger win for the United States than I, or just about anyone else, ever could have imagined. Americans love to talk about how the good old days of the post-World War II era are gone. One of the reasons I am such a fan of President Biden is because he recognizes why that is: America used to invest in its science, manufacturing, infrastructure, and other critical aspects of being a leader in areas aside from its military, but it has failed to do so for decades. In November 2021, he signed the Infrastructure Investment and Jobs Act, a historic $1.2 trillion investment in infrastructure ranging from universal broadband to clean water that will create two million jobs and help America compete in the modern era. Then came the CHIPS and Science Act. Introduced in 2019, the bill was a priority for Senate Majority Leader Chuck Schumer: he ordered committee chairs to get to work on the Endless ...