America COMPETES Act: Difference between revisions

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Main provisions include:<ref>{{Cite web|title=STATEMENT ON H.R. 4521, The America COMPETES Act of 2022|url=https://www.speaker.gov/sites/speaker.house.gov/files/America%20COMPETES%20Act%20of%202022%20HR%204521.pdf}}</ref>
Main provisions include:<ref>{{Cite web|title=STATEMENT ON H.R. 4521, The America COMPETES Act of 2022|url=https://www.speaker.gov/sites/speaker.house.gov/files/America%20COMPETES%20Act%20of%202022%20HR%204521.pdf}}</ref>
* CHIPS for America Fund  
* CHIPS for America Fund  
** Provides $76 billion in support of US fabrication of semiconductors
Provides $76 billion in support of US fabrication of semiconductors
* $45 billion authorized to improve the US supply chain
* $45 billion authorized to improve the US supply chain
* $2 billion to support critical components in the production of many automobiles, consumer electronics, and defense systems
* $2 billion to support critical components in the production of many automobiles, consumer electronics, and defense systems