U.S. Secretary of Energy Jennifer M. Granholm issued the following statement yesterday after the U.S. House of Representatives passed the CHIPS and Science Act:
“President Biden entered office with a bold vision to make things in America again. For far too long, we have relied on overseas manufacturing and supply chains for critical technologies. This has weakened our industrial base, lowered product quality, and made us dependent on potential competitors, while making our economy more vulnerable to shipping bottlenecks and supply disruption.
“This President has said: enough. And today, Congress helped bring his vision to life by passing the CHIPS and Science Act. This legislation invests over $50 billion in the domestic manufacturing of semiconductors and microchips—which go into our cell phones, cars, computers, energy technologies, and more. That means Americans will be buying and using core technologies made here at home, with American parts and labor.
“The CHIPS and Science Act also authorizes a historic investment in scientific research and development. The legislation invests $67 billion in the Department of Energy, including a $50 billion authorization for DOE’s Office of Science to enable cutting-edge research and development in clean energy to fight the climate crisis and advanced computing and manufacturing to boost American competitiveness.
“The legislation also invests in our National Lab infrastructure and establishes the Foundation for Energy Security and Innovation, which will help our Department deepen partnerships to create and deploy technologies that will power the industries of the future, from clean energy to modern medicine.
“We are grateful for the leadership of both President Biden and Congress in taking action to boost our national security, bring manufacturing home, lead the global economy, and create high-quality jobs across our nation.”