News Score: Score the News, Sort the News, Rewrite the Headlines

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...

Read more at politico.com

© News Score  score the news, sort the news, rewrite the headlines