Vice President Kamala Harris criticized House Speaker Mike Johnson for suggesting that Republicans may try to repeal the CHIPS Act if they win Congress. The CHIPS Act, passed with bipartisan support in 2022, has allocated nearly $53 billion to boost domestic semiconductor manufacturing, a key industry for technological advancement.
Speaker Johnson made the comment at a campaign event in support of a vulnerable GOP candidate in a closely watched House race. Although he initially indicated that the GOP might consider repealing the law, he later clarified that it is not on the agenda to do so.
Harris, who has made American manufacturing a central focus of her economic platform, emphasized the importance of investing in domestic industries to compete with countries like China. She sees the CHIPS Act as a crucial tool to support American workers and create quality jobs.
The controversy surrounding Johnson's comment has drawn attention to the potential economic impact of repealing the CHIPS Act, especially in districts like Rep. Williams', where semiconductor manufacturing plants are expected to bring economic growth.
As the election approaches, Democrats are seizing on Johnson's remark as an opportunity to highlight differences in economic priorities between the two parties. With the House race in a tight spot, every statement and policy position is under scrutiny as voters decide who will lead the next Congress.
Overall, the debate over the CHIPS Act reflects broader discussions about economic policy, manufacturing investment, and international competition. Both parties are positioning themselves to address these issues in a way that aligns with their respective visions for the country's future.