WASHINGTON – Today U.S. Senator John Cornyn (R-TX) spoke at a press conference calling on the House to pass funding for his CHIPS for America Act, which will ramp up semiconductor manufacturing in the United States. Excerpts of Sen. Cornyn’s remarks are below, and video can be found here. The CHIPS for America Act passed last year as a part of the National Defense Authorization Act, and the Senate voted to authorize funding for the bill in June.
“There’s probably no greater vulnerability in the United States from a national security and economic perspective than our dependency on supply chains of semiconductors that are made outside of the country, primarily Asia, and then shipped here to the United States.”
“This is one of those areas where we have great bicameral, bipartisan, and executive branch consensus on the importance of getting this done, and now it sounds like from the discussions yesterday, this will be an essential part of the conference committee on the defense authorization bill.”
“This is an example of how we solve problems, we identify problems, vulnerabilities, things that we need to do, and we get ‘em done. And we’re about halfway there and we’re looking forward to working with our friends in the House, the Problem Solvers Caucus, to get this over the finish line.”