March 11, 2022

Holcomb urges Congress to act quickly on federal semiconductor legislation

Listen at IPB News

Article origination IPB News
Gov. Eric Holcomb speaks at a White House event with President Joe Biden to promote passage of legislation to manufacture semiconductors in the United States. - Screenshot of White House Livestream

Gov. Eric Holcomb speaks at a White House event with President Joe Biden to promote passage of legislation to manufacture semiconductors in the United States.

Screenshot of White House Livestream

Gov. Eric Holcomb joined President Joe Biden and others this week to call for a bill in Congress to create more semiconductor manufacturing jobs. They’re calling it a “bipartisan innovation act,” but lawmakers haven’t finalized or even published language to vote on yet.

Although the details are getting ironed out, the main goal is clear: boost semiconductor research and production in the U.S. to prevent supply chain shortages that stalled industries like car manufacturing. Data from the Semiconductor Industry Association shows only about 12 percent of the chips worldwide are currently made in the U.S.

 

Join the conversation and sign up for the Indiana Two-Way. Text "Indiana" to 73224. Your comments and questions in response to our weekly text help us find the answers you need on statewide issues.

Holcomb asked for urgent action, hoping it will benefit Indiana by stabilizing manufacturing supply chains and growing the number of competitive technology jobs.

“We’ve got to get there and we’ve got to get there yesterday,” he said. “And then also [create] partnerships. For us and the Midwest we have those talent pipelines [to fill those jobs].”

Holcomb specifically asked that the final legislation include provisions from the CHIPS for America Act. That language created grants and tax credits for semiconductor companies.

Contact reporter Justin at jhicks@wvpe.org or follow him on Twitter at @Hicks_JustinM.

Copyright 2022 IPB News. To see more, visit IPB News.
Support independent journalism today. You rely on WFYI to stay informed, and we depend on you to make our work possible. Donate to power our nonprofit reporting today. Give now.

 

Related News

Indiana Chamber, others ask lawmakers to help the state's under-educated workforce
Records: Bullet found near 2 teens' bodies came from suspect
South Shore Line hires engineering firm to design new route to South Bend Airport