CHIPS Act passes House on way to Biden signing

CHIPS Act passes House on way to Biden signing

2 years ago
Anonymous $33nAR-2OaA

https://techcrunch.com/2022/07/28/chips-act-passes-house-on-way-to-biden-signing/

Following a strong showing of bipartisan support in the Senate, the CHIPS Act staved off last minute attempts by the GOP House leadership to derail its passage. Congress’ lower chamber approved the $280 billion bill by a vote of 243-to-187. Twenty-four House Republicans backed the act, which is destined for the desk of staunch proponent, Joe Biden.

While the bill has received broader support for its efforts to kickstart domestic semiconductor production, a deal between Senator Joe Machin and the Democrats on an unrelated bill seemingly put it in jeopardy over the past 24 hours.