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Rep. Frankel Statement on Congress Passage of Bill to Lower Costs & Power American Economic Independence
Washington, July 29, 2022
Washington, DC—Today, Congresswoman Lois Frankel (FL-21) released the following statement after the House voted to pass the CHIPS and Science Act, which will lower costs for American families, end our dependence on foreign -made semiconductors, and boost American research and development to ensure our economic and national security for generations to come.
“With families across the country feeling the pain of high prices, this bill is a step in the right direction,” said Rep. Frankel. “This bipartisan bill will end our dependence on foreign manufacturers of semiconductors—chips that power everything from our cars, TVs, smartphones, and household appliances—create tens of thousands of good-paying jobs right here in America, and train the next generation of the semiconductor workforce. Under this soon-to-be law, American manufactures will produce more, and American families will pay less.”
Thanks to the strong leadership of House Democrats, the bipartisan CHIPS and Science Act:
The bill passed the House by a vote of 243-187 and now heads to the President’s desk for his signature.