Tag: Congress
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Congress Goes All in for Personal computer Chip Subsidies
President Joe Biden retains a semiconductor chip. Photograph: Jonathan Ernst/REUTERS Industrial coverage is back in trend in Washington, or as it should to be named, corporate welfare. The semiconductor marketplace is initial in the queue, but it will not be the previous. Taxpayers must at least know they’ll be subsidizing extremely profitable corporations that do…
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Computer chip lack: Biden official pleads with Congress to promptly deal with ‘crisis’
Sad to say, this remarkably disruptive scarcity is unlikely to go away until eventually “deep into 2022,” Commerce Secretary Gina Raimondo advised CNN. “Hopefully by this time future yr or maybe a small prior to, the brief-phrase crunch will be much better,” Raimondo claimed throughout an interview at her Washington office. “The extended-time period situation…
