{"id":1995200,"date":"2023-08-09T10:29:01","date_gmt":"2023-08-09T14:29:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-celebrates-one-year-chips-anniversary-by-vowing-to-continue-securing-supply-chain\/"},"modified":"2023-08-09T10:30:04","modified_gmt":"2023-08-09T14:30:04","slug":"biden-celebrates-one-year-chips-anniversary-by-vowing-to-continue-securing-supply-chain","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-celebrates-one-year-chips-anniversary-by-vowing-to-continue-securing-supply-chain\/","title":{"rendered":"Biden marks CHIPS anniversary, pledges to safeguard supply chain."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-celebrates-one-year-chips-anniversary-by-vowing-to-continue-securing-supply-chain%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1995200&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>President Biden Pledges to \u200dMake the US \u200ba Global\u200b Semiconductor Powerhouse<\/h2>\n<p>President Joe Biden \u200bmarked the one-year anniversary of the CHIPS \u2064and Science Act \u200bby making a bold promise: to \u2064transform the United States\u200b into the world&#8217;s leading\u2064 producer of semiconductors.<\/p>\n<p>The CHIPS and Science Act, a \u2064crucial element of Biden&#8217;s economic \u2064and green energy agenda, aims to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republican-study-committee-democrat-anti-china-bill-riddled-with-woke-climate-change-carveouts\/\" title=\"Republican Study Committee: Democrat Anti-China Bill Riddled with Woke, Climate Change Carveouts\">boost domestic semiconductor production<\/a>, ensuring a\u2062 secure supply chain and reducing reliance on China.<\/p>\n<blockquote>\n<p>&#8220;In the year since I signed this legislation into law, companies have announced over $166 billion to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-celebrates-one-year-chips-anniversary-by-vowing-to-continue-securing-supply-chain\/\" title=\"Biden marks CHIPS anniversary, pledges to safeguard supply chain.\">bring semiconductor manufacturing back<\/a> to \u2062the United States,&#8221; Biden stated \u200din a recent release. &#8220;These investments are creating jobs and opportunities in communities\u2062 across the country \u2013\u200b from Ohio to Arizona, Texas, and New York. And, in the last year alone, at \u2063least 50 community colleges have announced new or expanded programs to help American workers access good-paying jobs in the semiconductor industry.&#8221;<\/p>\n<\/blockquote>\n<p>&#8220;The CHIPS and Science \u200cAct is\u200d a vital part of my Bidenomics agenda, which aims to bring investment and opportunity to every corner of the country,&#8221;\u200c Biden emphasized. &#8220;Over the coming months, my Administration will continue to implement this historic law,\u2064 ensuring that American union workers,\u200c small businesses, and families benefit from the investments spurred by the CHIPS \u2064and Science Act. Our goal is to make America a leader in semiconductor manufacturing once again and reduce our dependence \u2064on other countries for our electronics and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-may-give-european-automakers-us-tax-credit-for-battery-critical-mineral-production\/\" title=\"Biden May Give European Automakers US Tax Credit for Battery, Critical Mineral Production\">clean energy supply chains<\/a>.&#8221;<\/p>\n<p>In the 1990s, the United States accounted for approximately 40% of the global chip supply. \u200dHowever, \u2063that\u2063 figure has dwindled to just 10% today.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\">CLICK HERE TO\u200b READ MORE FROM THE WASHINGTON EXAMINER<\/a><\/p>\n<p>The CHIPS and Science Act, along with the Inflation Reduction Act and bipartisan infrastructure, form the foundation of &#8220;Bidenomics,&#8221; President \u2062Biden&#8217;s comprehensive economic agenda.<\/p>\n<p>Despite this ambitious vision, Biden currently faces public skepticism regarding his economic stewardship. Only 38.3%\u2064 of voters approve of his economic policies. However, both White House and Biden campaign officials remain \u200dconfident that these numbers will rise as more of the president&#8217;s legislative\u2064 agenda is\u2063 put \u2063into action.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden marked the CHIPS and Science Act&#8217;s one-year milestone, pledging to transform the US into the leading global semiconductor manufacturer. This legislation, vital to Biden&#8217;s economic and green energy goals, aims to enhance domestic semiconductor production, safeguarding the US supply chain and ensuring self-sufficiency.<\/p>\n","protected":false},"author":1,"featured_media":1995201,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-1995200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1995200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1995200"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1995200\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1995201"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1995200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1995200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1995200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}