{"id":121429,"date":"2024-11-03T02:47:50","date_gmt":"2024-11-02T19:47:50","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=121429"},"modified":"2024-11-03T02:47:50","modified_gmt":"2024-11-02T19:47:50","slug":"harris-defends-chips-act-after-johnson-suggests-gop-would-repeal-it","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=121429","title":{"rendered":"Harris defends CHIPS Act after Johnson suggests GOP would repeal it"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-107384515\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Speaker of the House Mike Johnson and Vice President Kamala Harris stand in the House of Representatives ahead of US President Joe Biden&#8217;s third State of the Union address to a joint session of Congress in the US Capitol in Washington, DC, USA, 07 March 2024.     SHAWN THEW\/Pool via REUTERS<\/p>\n<p>Shawn Thew | Via Reuters<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Vice President <a href=\"https:\/\/www.cnbc.com\/2024\/10\/29\/harris-trump-closing-argument-speech-washington-2024-election.html\">Kamala Harris<\/a> on Saturday criticized House Speaker <a href=\"https:\/\/www.cnbc.com\/2024\/11\/02\/house-speaker-johnson-says-gop-may-try-to-repeal-chips-act-then-walks-it-back.html\">Mike Johnson<\/a> for suggesting that Republicans may try to repeal the <a href=\"https:\/\/www.congress.gov\/bill\/117th-congress\/house-bill\/4346\" target=\"_blank\" rel=\"noopener\">CHIPS and Science Act<\/a> if they win Congress, a remark he has since tried to walk back.<\/p>\n<p>&#8220;I also want to speak to the comments that have been recently made by the speaker of the House,&#8221; Harris said in Milwaukee to a group of reporters. &#8220;It is just further evidence of everything that I&#8217;ve actually been talking about for months now, about [former President Donald] Trump&#8217;s intention to implement Project 2025.&#8221;<\/p>\n<p>&#8220;We&#8217;ve talked repeatedly about their intention to get rid of the\u00a0<a href=\"https:\/\/www.nbcnews.com\/politics\/congress\/speaker-johnson-criticizes-obamacare-promises-massive-reform-trump-win-rcna177853\" target=\"_blank\" rel=\"noopener\">Affordable Care Act<\/a>. Now to get rid of the CHIPS Act,&#8221; she added.<\/p>\n<p>Speaker Johnson, R-La., made the comment at a Friday campaign event in New York for House Rep. Brandon Williams, R-N.Y., a vulnerable GOP candidate in one of the most closely watched House races of this election cycle.<\/p>\n<p>&#8220;I expect that we probably will, but we haven&#8217;t developed that part of the agenda yet,&#8221; Johnson\u00a0said in response to a reporter asking whether the GOP would try to repeal the law.<\/p>\n<p>The CHIPS Act passed Congress with bipartisan support in 2022. The law has unlocked nearly $53 billion of funding to build up domestic manufacturing of semiconductors, which are crucial for the growth of strategic industries such as artificial intelligence. The federal government has announced more than <a href=\"https:\/\/www.commerce.gov\/news\/blog\/2024\/08\/two-years-later-funding-chips-and-science-act-creating-quality-jobs-growing-local\" target=\"_blank\" rel=\"noopener\">$30 billion of investments<\/a> under the law as of August.<\/p>\n<p>Harris has turned manufacturing investment into one of the central planks of her economic platform.<\/p>\n<p>&#8220;It is my plan and intention to continue to invest in American manufacturing, the work being done by American workers upholding and lifting up good union jobs,&#8221; Harris said in Milwaukee. &#8220;That is the way we are going to win the competition with China for the 21st century.&#8221;<\/p>\n<\/div>\n<h2 class=\"ArticleBody-subtitle\"><a id=\"headline0\"\/>Trump: &#8216;Chip deal is so bad&#8217;<\/h2>\n<div class=\"group\">\n<p>Johnson&#8217;s remark followed the lead of Republican presidential nominee Donald Trump, who attacked the CHIPS Act during an Oct. 25 interview with Joe Rogan.<\/p>\n<p>Trump accused Taiwan of stealing &#8220;our chip business&#8221; in the interview, calling for tariffs on imported semiconductors.<\/p>\n<p>&#8220;That chip deal is so bad,&#8221; Trump said. &#8220;We put up billions of dollars for rich companies to come in and borrow the money and build chip companies here, and they&#8217;re not going to give us the good companies anyway.&#8221;<\/p>\n<p>Rep. Williams&#8217; congressional district has welcomed the potential economic boost of a coming <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-6\"><a href=\"https:\/\/www.cnbc.com\/quotes\/MU\/\">Micron<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> semiconductor manufacturing plant, sponsored by the CHIPS Act.<\/p>\n<p>&#8220;The\u00a0CHIPS\u00a0Act\u00a0is hugely impactful here,&#8221; Williams said after Johnson&#8217;s comment, in a subtle clean-up effort. The New York lawmaker also issued a statement on Friday saying that Johnson &#8220;apologized profusely&#8221; for the blunder and said &#8220;he misheard the question.&#8221;<\/p>\n<p>Democrats need to net just four additional House seats to seize the gavel from Republicans in the next Congress. Polling so far shows the House race at essentially coin-flip status.<\/p>\n<p>Johnson has made attempts at further damage control since his Friday comment, stating after the campaign event that the CHIPS Act is not on the GOP agenda to repeal.<\/p>\n<p>Still, days away from the Nov. 5 election, Democrats are pouncing on the gaffe.<\/p>\n<p>&#8220;The Republican Speaker of the House just told the tens of thousands of construction workers building New York and America&#8217;s future they want to send them pink slips ASAP,&#8221; Sen. Majority Leader Chuck Schumer, D-N.Y., wrote in a Friday <a href=\"https:\/\/x.com\/senschumer\/status\/1852541208884621566?s=46\" target=\"_blank\" rel=\"noopener\">post<\/a> on the X platform.<\/p>\n<\/div>\n<div class=\"group\">\n<div class=\"RelatedContent-relatedContent\" id=\"RegularArticle-RelatedContent-1\">\n<div class=\"RelatedContent-container\">\n<div class=\"RelatedContent-nonCollapsibleContent\">\n<h2 class=\"RelatedContent-header\">Read more CNBC politics coverage<\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cnbc.com\/2024\/11\/02\/harris-critcizes-speaker-johnson-republicans-repeal-chips-act.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Speaker of the House Mike Johnson and Vice President Kamala Harris stand in the House of Representatives ahead of US President Joe Biden&#8217;s third State of the Union address to &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=121429\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8629],"tags":[],"class_list":["post-121429","post","type-post","status-publish","format-standard","hentry","category-u-s","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/121429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=121429"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/121429\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=121429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=121429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=121429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}