New law - led by Senator Sinema - creates jobs, lowers prices, addresses supply chain challenges, and strengthens national security
WASHINGTON – Arizona senior Senator Kyrsten Sinema’s Chips and Science Act – landmark legislation investing a historic $52 billion in domestic semiconductor manufacturing – was signed into law after passing Congress with bipartisan support in both the U.S. Senate and House. The unprecedented investment in American semiconductor manufacturing addresses critical supply chain challenges, supports thousands of Arizona jobs, strengthens national security, lowers costs for families in Arizona and across the country, and more.
“Arizonans continue to be concerned about rising prices, inflation, and empty store shelves. With our bipartisan bill now law we’re boosting semiconductor manufacturing in Arizona and investing historic resources in science and innovation – all of which will lower costs for families, strengthen our supply chains, support countless high-paying jobs, strengthen our national security, and stand the test of time. I’m proud of the lasting results our law delivers for Arizonans,” said Sinema, a cosponsor of the Chips and Science law who helped garner bipartisan support for the law in the Senate.
The Sinema-backed Chips and Science law provides more than $52 billion to boost domestic semiconductor manufacturing amidst a global semiconductor shortage, reducing reliance on foreign countries like China and enhancing the United States’ global competitiveness. The historic investment will support tens of thousands of jobs in Arizona alone.
The Sinema-shaped law also modernizes the federal government’s approach to science, improves the National Science Foundation, grows the STEM workforce, and expands our country’s global leadership in innovation, research, and development – keeping the United States ahead of China and other global competitors in technological advancement. The law also includes key provisions ensuring none of the historic investments in innovation, manufacturing, or development can go to China – keeping the law American-focused and boosting American jobs.
Sinema ensured the law reauthorizes the National Aeronautics and Space Administration (NASA), incorporating provisions she drafted as a leader on the Space subcommittee – directing NASA to fund key science research at Arizona universities, maintaining the International Space Station, and sending the first woman to the moon.
Last month, Sinema met with Arizona manufacturers to discuss how her Chips and Science Act – coupled with historic investments from her Infrastructure Investments and Jobs law – will relieve ongoing supply chain challenges, get goods to store shelves faster, and expand economic opportunity in Arizona and across the country.