Business Roundtable Welcomes Passage of CHIPS Plus Act

Washington - Business Roundtable CEO Joshua Bolten today released the following statement on House passage of the CHIPS Plus Act:

“Business Roundtable commends passage of the bipartisan CHIPS Plus Act—legislation urgently needed to strengthen domestic semiconductor manufacturing and R&D capabilities. Increased investment in domestic chip manufacturing will bolster American national and economic security, supporting long-term economic growth and jobs. With the U.S. economy contracting and inflation soaring, it’s vital for Congress to support pro-growth and pro-investment policies. Business Roundtable applauds the bipartisan cooperation that advanced this legislation.”