WASHINGTON – U.S. Senator Jerry Moran (R-Kan.) today applauded the CHIPS and Science Act being signed into law. This legislation invests resources into manufacturing semiconductors and other critical technology in the United States, authorizes investments in key technology areas, and works to rebalance federal research investments to the middle of the country.
“A strong economy will help us produce the technology and resources we need to compete successfully in the decades to come,” said Sen. Moran. “This legislation invests in businesses around the country to produce key technologies, such as semiconductors, here at home, creating new jobs and boosting American manufacturing. As aggression from China and Russia makes clear, it is vital to safeguard our supply chains from any disruptions. This bill is a key step in rebuilding our economy to be stronger and independent from our adversaries.”
The CHIPS and Science Act will also help geographically rebalance federal research and development investments. In 2021, half of the states received under 13 percent of National Science Foundation (NSF) funds; this bill sets aside 20 percent of NSF funds for those historically under-funded states, including Kansas. Other programs, including the Regional Technology Hubs program, will help increase technology development outside of traditional high-tech bases. Additional authorizations are made to boost domestic manufacturing through critical programs like the Manufacturing USA program and the Hollings Manufacturing Extension Partnership program.
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