Congressman Kildee (MI-05), Chief Deputy Whip of the House Democratic Caucus, today applauded the passage of the America COMPETES Act--a bill to help fix broken supply chains and accelerate the production of American-made semiconductors, to lower costs for Michigan families, seniors and small businesses.
"By addressing supply chain issues and bringing back critical manufacturing to the United States, we can fight inflation and lower costs for Michigan families," Congressman Kildee said. "The pandemic has exposed deep weaknesses in our supply chains that have increasingly relied on foreign manufacturing, instead of making goods in Michigan with American workers. This bill will help fix our broken supply chains so that we build more critical components--like semiconductors--here in America, not overseas in China."
The America Creating Opportunities for Manufacturing, Pre-Eminence in Technology and Economic Strength (America COMPETES) Act will:
Boost the domestic production of semiconductors by authorizing $52 billion to incentivize private-sector investments. This will help address supply chain disruptions and ensure that more semiconductors are produced here at home;
Bring critical manufacturing back to America by authorizing $45 billion to improve our nation's supply chains and prevent future shortages of critical goods by making more of these goods in America. This will help lower everyday costs for families and seniors and create good-paying Michigan jobs;
Help communities that have been hurt by trade by funding Trade Adjustment Assistance for Communities, a new four-year $4 billion program designed by Congressman Kildee, to help older, industrial communities, like Flint, Saginaw and Bay City, reposition their economies for growth;
Strengthen America's global competitiveness by investing in American innovation and scientific research;
Expand access to registered apprenticeships and STEM education by passing Kildee-championed legislation, the Advanced Technological Manufacturing Act and National Apprenticeship Act, to ensure Michigan's workforce is prepared to win the jobs of the future;
Develop regional innovation hubs by authorizing $10 billion to support public-private partnerships to grow Michigan's economic innovation. This will help Michigan industries, like automotive manufacturing, remain global leaders through workforce education, entrepreneur and technology development;
Improve shipping supply chains to support Michigan small businesses by including the Ocean Shipping Reform Act to prevent cargo shippers from price gouging American businesses and giving preferential treatment to exporters of cheap products from Southeast Asia--particularly from China--over exports of U.S. products, like Michigan farmers.
"As America's No. 1 auto manufacturer, assembling more vehicles and employing more hourly workers in the U.S. than any other automaker, Ford Motor Company thanks the House of Representatives for passing CHIPS Act funding to strengthen the domestic semiconductor supply chain and Representatives Dingell, Kildee, and Stevens for their leadership on this important issue. Ensuring a steady and reliable supply of chips will be vital as we lead the electric vehicle revolution, investing more than $30 billion in electric vehicles through 2025 and electrifying our most popular vehicles, including the all-electric F-150 Lightning heading to customers this spring. CHIPS funding will help Ford alleviate production constraints caused by the global semiconductor shortage, keep our manufacturing lines humming, and deliver connected and electric vehicles with the exciting features our customers want," said Steven Croley, Chief Policy Officer and General Counsel of Ford Motor Company.
This legislation is supported by the United Auto Workers, U.S. Chamber of Commerce, International Association of Machinists and Aerospace Workers, AFL-CIO, Association of American Universities, Security Industry Association, International Brotherhood of Teamsters and the National Association of Manufacturers.