Let’s rebuild the US microchip industry – not give it a $50bn-plus check | Bernie Sanders
https://www.theguardian.com/commentisfree/2022/jul/14/us-microchip-industry-bernie-sanders
If private companies are going to benefit from taxpayer subsidies, the financial gains made by these companies must be shared with the American people
For two months, a 107-member conference committee has been working to finalize an agreement on the US Innovation and Competition Act (USICA) which would provide more than $50bn in corporate welfare to the highly profitable microchip industry with no strings attached.
Let’s rebuild the US microchip industry – not give it a $50bn-plus check | Bernie Sanders
Jul 14, 2022, 5:49pm UTC
https://www.theguardian.com/commentisfree/2022/jul/14/us-microchip-industry-bernie-sanders
> If private companies are going to benefit from taxpayer subsidies, the financial gains made by these companies must be shared with the American people
> For two months, a 107-member conference committee has been working to finalize an agreement on the US Innovation and Competition Act (USICA) which would provide more than $50bn in corporate welfare to the highly profitable microchip industry with no strings attached.