President Trump is not afraid to stand up to the special interests that seem to be so persuasive in this chamber. First of all, even though a lot of the money is … The CHIPS bill... cost about $280 billion. That's about $700 per every man, woman and child in the country. … $700 from everybody just to promote one industry? I think we could promote that industry with a much smaller amount if we deal with some exemptions for manufacturing. (17:20–17:58)
CLAIM
Asserts the CHIPS bill costs $280 billion, equating to $700 per person in the U.S.
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