In his address to Congress last week, President Donald Trump suggested undoing one of the cornerstones of former President Joe Biden’s legislative legacy—the CHIPS and Science Act.
“Your CHIPS Act is a horrible, horrible thing,” said Trump.
But why does Trump hate it so much?
The CHIPS and Science Act was one of Biden’s main legislative accomplishments—a massive $280 billion funding bill meant to move semiconductor production to the United States.
Heritage Foundation tech policy researcher Wesley Hodges told The Daily Signal that the CHIPS Act’s sales pitch was twofold—to protect American strategic interests and to bring manufacturing back to the United States.
“The pitch behind the CHIPS Act was to do a…
