US President Donald Trump has called on Congress to scrap funding for the 2022 Chips Act, citing concerns over reducing the national deficit. The legislation received bipartisan support in 2022, with 17 Senate Republicans and 24 House Republicans backing the measure, which aimed to increase domestic semiconductor production.
Source: https://www.wsj.com/livecoverage/trump-speech-congress-joint-session/card/trump-calls-for-getting-rid-of-chips-act-funding-QZbnnWNDlOjMIbZTtZDk