Rep. Brown Applauds Passage of CHIPS and Science Act to Lower Families’ Costs, Bolster American Economic Independence

WASHINGTON – Yesterday, Rep. Brown voted for the historic, bipartisan CHIPS and Science Act to strengthen Ohio’s economy and support families and national security for generations. The CHIPS and Science Act will deliver a powerful investment in America’s global competitiveness. The bill will directly impact Ohio’s economy by creating jobs, slashing kitchen table costs, ending dependence on foreign manufacturers and turbocharging American innovation. This legislation now heads to the President’s desk to be signed into law.  

“The passage of the CHIPS and Science Act is a huge win for our country and Ohio’s economy,” said Rep. Brown. “The bipartisan legislation was championed by the Ohio delegation in efforts to boost the U.S. semiconductor production and create opportunities for our state. Intel selected Ohio to be the location of its new $20 billion semiconductor manufacturing plant that would employ over 3,000 workers, and this is only the beginning of Intel's planned investments for our state.”

Background

The bipartisan CHIPS and Science Act will reverse these dangerous trends, reasserting America’s economic independence and scientific dominance.  This legislation will:

• Lower costs for American consumers – by making more critical semiconductor components in America, helping end the shortage of chips that have driven up the price of everything from cars to consumer goods. 
• Create 100,000 new good-paying jobs – creates strong Davis-Bacon jobs building hi-tech manufacturing facilities here in America.
• End our dangerous dependence on foreign manufacturers – bringing critical semiconductor manufacturing back to America instead of overseas where it can be threatened by our adversaries.
• Turbocharge American R&D – powering America’s preeminence in both basic research and next-generation technologies and ensuring that the technologies of the future are made here in America.
• Diversify and expand the innovation workforce – broadening the pool of brainpower and talent so that we are embracing the full potential from all our communities, helping to diversify our STEM workforce and advancing regional technology hubs to ensure communities across the country can help in American research and development. 

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