UAW President Warns of Potential Republican Threat to CHIPS Package
Urgent Action Needed to Secure Funding for Critical Semiconductor Manufacturing
UAW President Ray Curry has issued a stern warning about the potential threat posed by Republican opposition to the CHIPS Act, a crucial bipartisan legislation that aims to strengthen America's semiconductor manufacturing capabilities.
Key Points
Impact on the Industry
"The CHIPS Act is essential to the future of the auto industry and our national security," said Curry. "Without it, we risk losing our competitive edge in advanced manufacturing and becoming dependent on foreign sources for critical technologies."
Semiconductors are indispensable components in modern vehicles, powering everything from engine controls to infotainment systems. The CHIPS Act aims to boost domestic production of these vital chips, reducing reliance on foreign suppliers and creating thousands of new jobs.
Call for Urgent Action
Curry called on the Biden administration and Congress to prioritize the passage of the CHIPS Act without delay. He stressed that the future of the auto industry and America's economic competitiveness hang in the balance.
"We cannot afford to sit idly by while the Republicans play political games with our economic future," Curry said. "We need urgent action to secure this vital funding and ensure that America remains a global leader in semiconductor manufacturing."
Background
The CHIPS Act has cleared the Senate with bipartisan support but faces opposition from some Republicans in the House. Their concerns center around the cost of the legislation and its potential impact on the federal budget.