Sen. John Kennedy (R-LA) said on Thursday that Senate Republicans got tricked into passing a semiconductor bill after believing that a Democrat reconciliation bill was dead.
On Thursday, the House passed the Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act, a $280 billion package that would boost domestic semiconductor chip manufacturing and high-tech research. The legislation will now be sent to President Joe Biden’s desk to sign.
While Republicans were split on the merits of the legislation, most Republicans, including House Republican leadership, did not want to pass the CHIPS legislation if Democrats were to pursue a reconciliation bill to pass climate change, Obamacare, and other leftist priorities. Senate Republicans, with Senate Minority Leader Mitch McConnell (R-KY) supporting the bill, ensured the passage of the CHIPS