Raimondo announced last week that the CHIPS Act would fund the construction of at least two new semiconductor factory hubs in the near term. Kyrsten Sinema (I-AZ) and Joe Manchin (D-WV).ĬLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER
However, the legislation stalled after opposition from centrists such as Sens. This could include paying for company-operated day care facilities, paying local providers, or subsidizing employee care costs.īiden had previously attempted to pass a $4 trillion economic agenda that would have included government funding for child care. That's why we're requiring companies that receive funding to tell us how they plan to provide affordable child care for workers."Ĭompanies that receive the subsidies will be allowed to use the funding to fulfill the child care requirement in consultation with Commerce Department officials, according to the New York Times. "We can't do that without affordable child care. "Here's the truth: CHIPS won't be successful unless we expand the labor force," Commerce Secretary Gina Raimondo tweeted. SPACE LAUNCH SCRUBBED MINUTES BEFORE EXPECTED LAUNCH President Joe Biden ran on a platform plank of expanding government funding for child care. The Commerce Department is set to announce the childcare requirement Tuesday as part of a broader set of conditions for subsidies from the CHIPS Act, which was passed last year on a bipartisan basis and included more than $50 billion for the domestic semiconductor industry. The Biden administration will require tech and chip manufacturers that receive subsidies via the CHIPS and Science Act to provide some form of child care, adding a new domestic policy restriction to funding meant to help the United States compete with China in an innovation war.
0 kommentar(er)
