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It’s been over a year since the Senate passed its bill to boost domestic semiconductor manufacturing — but with time running out before Congress’ August recess, the White House is pushing hard to make sure that funding gets through.
On Wednesday, Secretary of Commerce Gina Raimondo led a classified briefing with senators stressing the importance of chip funding as a national security concern. If Congress couldn’t agree on the broader bill before its upcoming recess, Raimondo urged it to pass the $52 billion in chip manufacturing incentives by itself.
“The message is, ‘Time’s up,’” Secretary of Commerce Gina Raimondo told CNN after the briefing. “It’s time to make it happen.
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