US EditionTrump Calls for Getting Rid of Chips Act Funding
- US President Donald Trump called for the repeal of the CHIPS Act, urging that its $52.7 billion in subsidies should be used to reduce the national debt instead of supporting semiconductor manufacturing.
- Trump criticized the CHIPS and Science Act, describing it as a 'horrible, horrible thing' and emphasizing that government subsidies are unnecessary for encouraging chip manufacturing in the US.
- New York Governor Kathy Hochul defended the CHIPS Act, citing its role in Micron's planned $100 billion investment in Central New York, which is expected to create 50,000 jobs.
- Trump's remarks suggest a potential shift in US semiconductor policy, raising concerns about federal support for the industry.
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President Trump takes aim at one of the biggest private investments in Idaho history. Why?
One of the largest investments in Idaho’s 134-year history could be in question after President Donald Trump called for the end of a $280 billion subsidy program called the CHIPS and Science Act. Read more...
·Vancouver, United States
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Coverage Details
Total News Sources74
Leaning Left8Leaning Right9Center17Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 24%
C 50%
R 26%
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