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Two key senators on their legislation to help the U.S. semiconductor sector

Sen. Kyrsten Sinema and Sen. Todd Young join Washington Post Live on Tuesday, July 26. (Video: The Washington Post)
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The U.S. semiconductor industry is trying to become more competitive with China and bring chip manufacturing back to the United States. As new legislation advances through Congress, two key senators are pushing for Congress to act now. Join Washington Post Live to hear how Sen. Kyrsten Sinema (D-Ariz.) and Sen. Todd Young (R-Ind.) hope to help American businesses with manufacturing and advanced technologies, bolster national security and get their bill to President Biden soon for his signature.

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Highlights

“Microchips are the secret sauce. The internal components that help anything with an on/off switch work these days…The United States of America needs, not only a secure supply of these microchips to make our modern economy work, but we also need to have the manufacturing capacity to produce the highest-end chips for national security purposes. Because we cannot be dependent on countries like Taiwan or South Korea or even communist China…This legislation, the semiconductor component to it…will ensure that we can not only perform high-end, cutting-edge research...But, we also have the ability to design and manufacture the most sophisticated chips right here in the United States."- Sen. Todd Young (R-Ind.) (Video: Washington Post Live)
“The reality is these international corporations can build their microchip processing factories in any part of the world that they want. And we know that both for domestic and economic reasons it makes sense to do that in the U.S. But we also know that for national security reasons, it needs to happen in the U.S. So that we can control that entire supply chain from the beginning until the time that that microchip ends up in your phone…And we don’t want to lend that opportunity to other foreign sources, that may not have put best interest at heart, to control that process.”- Sen. Kyrsten Sinema (D-Ariz.) (Video: Washington Post Live)
“We’ve known for a number of months, really for about a year, that the Chinese communist party officially opposes this legislation…because it could hurt their future business interests. So, there have been some not too veiled business threats targeted at American businesses. It’s unclear exactly what the Chinese government might do, it’s hard to imagine it could be much worse than the status quo though." -Sen. Todd Young (R-Ind.) (Video: Washington Post Live)
“We are working to earn the votes to pass this legislation because we believe this is a settled issue for Americans across the country. And we’d like to see Congress settle it and move on and get back to the work of ensuring that we are preparing our country for a strong economy and that we are prepared globally to be competitive.” (Video: Washington Post Live)
“We were running out of time, the Republican side was looking to work the clock as we ran out the time…Senator Schumer, who is the other primary sponsor and introducer of this legislation, knew that he wanted to get something done, so he became understandably a little anxious as we approached the finish line. I reassured him that we could get the Republican votes…And Kyrsten and I got the votes. We delivered them on silver platter to the Senate majority leader and this is why we have major investments, not just in CHIPS, but in these panoply of other technologies that'll be essential to our national security." -Sen. Todd Young (R-Ind.) (Video: Washington Post Live)
“We've been working on this for over two years...The reality is, is that our legislation was holed up in a conference committee where it languished...Unfortunately petty, partisan politics were slowing down this incredibly important piece of legislation." -Sen. Kyrsten Sinema (D-Ariz.) (Video: Washington Post Live)
“The fact that we have government, our federal government, sanctioning some marriages and not others, frankly sanctioning marriage altogether, I don’t think is an optimal situation. So, my preference is to find some sort of third way…It appears I’ll have to be weighing in in one way or another and I have a long track record of communicating my views on this issue so they’re a source of public record. And I’ll be studying the legislation in detail as soon as it comes before the Senate and House for consideration.” -Sen. Todd Young (R-Ind.) (Video: Washington Post Live)

Sen. Kyrsten Sinema

(D-Ariz.)


Sen. Todd Young

(R-Ind.)


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