Why Biden's chips achievement is losing support as the money actually rolls out - POLITICO
Illustration by Jade Cuevas/POLITICO (source images via AP)
Progressives and pro-labor Democrats are souring on President Joe Biden’s CHIPS and Science Act as the administration appears to be loosening some of the environmental and transparency guardrails initially attached to its $39 billion in subsidies.
The 2022 law is a historic piece of industrial policy intended to boost the American high-tech sector by funneling money into semiconductor manufacturing. To sell the program to fellow Democra...
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