Congressman Kildee (MI-05), Chief Deputy Whip of the House Democratic Caucus, announced his support for new legislation in the U.S. House of Representatives to strengthen domestic manufacturing supply chains and accelerate the production of American-made semiconductors, helping to fight inflation and lower everyday costs for families and seniors.
The bill, the America Creating Opportunities for Manufacturing, Pre-Eminence in Technology and Economic Strength (America COMPETES) Act, would build on the strong U.S. economic growth over the last year, helping to strengthen America's national and economic security when it comes to its economic competitors like China. The American COMPETES Act includes key Congressman Kildee priorities he has long advocated for or previously introduced as standalone legislation, including:
$2 billion in emergency funding to domestically produce semiconductors used in the manufacturing of automobiles. Auto plants across the country, including General Motors' Flint Assembly, temporarily laid off workers this summer due to the global semiconductor shortage and our reliance on foreign made semiconductors;
Trade Adjustment Assistance for Communities, a new four-year $1.2 billion program to help older, industrial communities negatively impacted by trade, like Flint, Saginaw, Bay City and Detroit, reposition their local economies for future growth by prioritizing locally driven economic development planning;
The Advanced Technological Manufacturing Act, which would help prepare community college students for jobs in the Science, Technology, Engineering and Mathematics (STEM) and directing the National Science Foundation (NSF) to create a pilot program to help more postsecondary schools successfully compete for NSF grants;
The National Apprenticeship Act, which would invest in and expand access to registered apprenticeships in Michigan and across the country.
"When we incentivize domestic manufacturing and make things here in America, we can get rid of supply chain issues and lower prices for Michigan families, seniors and small businesses," Congressman Kildee said. "I've been leading bipartisan efforts in Congress to strengthen U.S. supply chains and address the semiconductor shortage, including for Michigan's automotive industry and workers. The America COMPETES Act will prioritize made-in-America manufacturing and ensure that we are not dependent on foreign countries like China for our economic future."
The America COMPETES Act will strengthen America's competitiveness by:
Creating the CHIPS for America Fund: Includes $52 billion for CHIPS for America Act which will incentivize private-sector investments and continued American leadership in semiconductor fabrication and will help address supply chain disruptions and ensure that more semiconductors are produced here at home.
Strengthening Supply Chains and American Manufacturing: Authorizes $45 billion to improve our nation's supply chains and strengthen our economy and national security by preventing shortages of critical goods and ensuring that more of these goods are made in America.
Advancing American Scientific Research, Technology and Innovation Excellence: Makes major new solutions-driven investments in every aspect of innovation and scientific research, making the kind of investments that will lead to breakthrough discoveries.
Securing America's Global Competitiveness & Leadership Through Economic Development, Diplomacy, Human Rights & Alliances: Includes numerous provisions to strengthen and promote America's leadership around the globe, including in such areas as investing in partnerships and alliances, investing in standing up for America's values, expanding our investments in diplomacy, and promoting human rights.