Within six months, with the good help of our friends across the Capitol in the House of Representatives, particularly my friend Michael McCaul, congressman from the Austin area. Within six months The Chips act became law...and about a year and a half later, it was fully funded by Congress. through the bipartisan Chips act and Science Act. This law provided nearly $40 billion in manufacturing incentives for semiconductors to bring that capacity back to American soil and roughly $13 billion for research and workforce development. (12:19–12:27)
CLAIM
Asserts that the Chips Act became law and was fully funded by Congress.
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