Statement by President Biden on Senate Passage of the CHIPS and Science Act to Lower Costs, Bolster Our Competitive Edge and
Today the Senate passed an historic bill that will lower costs and create jobs. As Americans are worried about the state of the economy and the cost of living, the CHIPS bill is one answer: it will accelerate the manufacturing of semiconductors in America, lowering prices on everything from cars to dishwashers. It also will create jobs -...