Problem Solvers Caucus Calls to Fully Fund Initiatives to Increase U.S. Semiconductor Production
WASHINGTON, D.C. — Today, the Problem Solvers Caucus formally endorsed the following position:
“As the semiconductor shortage persists and manufacturers remain uncertain of future U.S. policy regarding semiconductor production, it is imperative that Congress act in a timely manner to pass funding for the CHIPS for America Act, which had been enacted into law in the FY 2021 National Defense Authorization Act (NDAA). Semiconductors play an increasingly important role in American innovation, job creation, national security, and our defense industrial base.
“From smart phones to cars to computer servers, satellites, toys and more, demand for semiconductors is increasingly growing. However, U.S. production of semiconductors has plummeted from 40 percent in 1990 to 12 percent of the global supply today. This funding will help build and modernize semiconductor manufacturing facilities in America to alleviate the current chip shortage that is adversely impacting a range of U.S. industries—including the automotive, defense, and technology — and millions of workers.
“Small manufacturers and businesses across sectors are facing particularly adverse impacts from the current semiconductor shortages, which causes stops and starts of production. Often these plants and businesses are leading sources of job and economic growth in communities across the country. Expanding our nation’s onshore presence of semiconductor manufacturing facilities is strategically important to our national security. Without the creation of a robust and secure supply chain, our country will not be immune from the dangers posed by our dependency on a foreign-based supply of semiconductor technology.
“The U.S. economy as a whole and important sectors in each of our districts depend on our nation having a resilient supply of semiconductors. Time is of the essence and now is the time to act on this national priority. We stand together, ready to work with House leadership to pass full funding for the CHIPS for America Act.”
Problem Solvers, Representatives Haley Stevens (MI-11), John Katko (NY-24), Debbie Dingell (MI-12), and Dan Meuser (PA-09) brought the statement for endorsement, which garnered the support of more than 75 percent of the Caucus.