Illustration: Shoshana Gordon/Axios
The Democratic National Committee is warning against President Trump's call for Congress to "get rid" of the CHIPS and Science Act, saying it would cost American jobs and billions of dollars.
Why it matters: Lawmakers are unlikely to repeal the law, but the Trump administration is floating reopening contracts and weakening oversight.
By the numbers: The DNC took NIST data and put together a fact sheet shared first with Axios laying out the state-by-state impact of CHIPS.
- $10 billion has been invested in Arizona
- $1.8 billion has been invested in Oregon
- $4.7 billion has been invested in Texas
What they're saying: "In red states, purple states, and blue states alike, the bipartisan CHIPS and Science Act has fueled new middle-class jobs, turbocharged small businesses, spurred innovation, and boosted American-made manufacturing," DNC chair Ken Martin said in a statement.
- "It's no surprise that Trump – the master of shipping jobs overseas, rigging the economy for billionaires, and putting working people last – wants to roll it back."
The other side: President Trump says domestic manufacturing happens thanks to tariffs, deregulation and tax incentives.
The big picture: CHIPS projects are creating more than 115,000 jobs and dozens of companies have committed to about $400 billion in investments, the fact sheet states.
