Republican lawmakers on Wednesday said President Trump’s call for Congress to “get rid of” the 2022 CHIPS and Science Act, which provided $52 billion for the domestic semiconductor manufacturing industry, is dead on arrival on Capitol Hill.
Republican senators said they’re willing to work with Trump to make some changes to the program, but they argued the money allocated to bolster microchip production in the United States is critical to national security.
They also point out the money has already been spent and there simply wouldn’t be the votes to repeal a law that passed the Senate and House with strong bipartisan majorities.
Democrats touted the law as one of the biggest legislative successes of the Biden administration, but it also received the backing of 17 Senate Republicans and 24 GOP members of the House.
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