Domestic Manufacturing, Jobs, and Competitiveness with China supercharged thanks to CHIPS and Science Act say Dem-NPL Leaders
FOR IMMEDIATE RELEASE:
August 8, 2023
CONTACT:
Laura Dronen
Communications Director
(701) 566-0616
[email protected]
Fargo, ND – August 9, 2023, marks the first anniversary of President Biden signing the CHIPS and Science Act into law.
Democratic-NPL Chair Adam Goldwyn noted the significance of the law, “Since President Biden signed the CHIPS and Science Act into law, domestic manufacturing is resurging, jobs are coming back, and America’s economy is again leading on the world stage. It’s truly a shame that Armstrong, Cramer, and Hoeven all voted against this critical legislation. While Doug Burgum and other presidential candidates claim they’ll want to compete with China, President Biden is the one who has actually taken monumental steps to get us there. Through President Biden’s Investing in America Agenda North Dakota has seen over $1 billion in commitments to invest in batteries and electric vehicles, clean energy, and manufacturing.”
Democratic-NPL Executive Director Cheryl Biller added, “Despite the inexplicable opposition of ND’s congressional delegation, Montana Senator Jon Tester worked tirelessly to get this critical legislation passed. In doing so, he created opportunities for North Dakota universities and colleges to benefit with projects like FARMS. It’s a sad day when North Dakotans have to rely on out-of-state lawmakers to stand up for them.”
According to a White House Fact Sheet, President Biden’s CHIPS and Science Act is investing in America and strengthening our economy:
Bolstering American leadership in semiconductor manufacturing: The CHIPS and Science Act has unlocked $39 billion to encourage American leadership in the semiconductor manufacturing industry while creating tens of thousands of good-paying, union construction jobs and thousands more high-skilled manufacturing jobs — as well as catalyzing hundreds of billions in private investments.
Encouraging regional economic growth and development: The CHIPS and Science Act has authorized $10 billion to invest in regional innovation and technology hubs across the country.
Jumpstarting our investments in industries of the future: In addition to providing funding for semiconductor manufacturing incentives, the CHIPS and Science Act has provided an additional $13.2 billion in American semiconductor research, development, and workforce development — ensuring that Americans are well-equipped to work in the industries of tomorrow.
Providing STEM opportunities to more of America to participate in good-paying skilled jobs: To ensure more people from all backgrounds across the country can benefit and participate in science, technology, engineering, and mathematics (STEM) job opportunities, the CHIPS and Science Act authorizes new and expanded education and training in STEM from K-12 to community college, undergraduate, and graduate education. One example is the National Science Foundation (NSF) announcement that FARMS, cited above, is one of 34 semifinalists in the competition from an original pool of 188 projects that span nearly all key technology areas and societal and economic challenges highlighted in the CHIPS and Science Act.