Congresswoman Tenney’s Statement on Passage of the CHIPS and Science Act

Washington, D.C. – Congresswoman Claudia Tenney (NY-22) today released the following statement regarding the House’s passage of the CHIPS and Science Act.

“American industry has been hollowed out by decades of flawed policymaking and government inaction. Upstate New York has lost thousands of well-paying jobs to other states and competitors across the globe like China. That’s why I support policies to restore our industrial strength. I introduced the American Innovation and Manufacturing Act to provide capital to small manufacturing businesses, and I sponsored the Make It in America to Sell It in America Act to support the integrity of our supply chains for critical goods.

“Unfortunately, the CHIPS and Science Act lacks critical guardrails and includes loopholes that in the long run could benefit China. We should have done more to ensure tens of billions of dollars bolster American industry and not Chinese industry. Senators Rubio, Cotton, and Portman all submitted amendments to fix potentially disastrous issues, but they were voted down. In the House, there was no opportunity for amendments at all. Implementing safeguards would have prevented recipients of federal funding from continuing to expand operations abroad, including in places like China. They also would have protected America’s research and intellectual property. Much of the supported research under this bill will be executed in partnership with universities, which we know are notoriously vulnerable to Chinese espionage.

“On top of these shortcomings, Senate Democrats also announced, only hours after the bill passed the Senate, that they had struck an agreement on a partisan reconciliation bill. While they call it the ‘Inflation Reduction Act,’ the opposite is true. The bill is poised to send our country into a crushing recession even faster, and it is inextricably linked to passage of the CHIPS and Science Act. This partisan stunt by Democrats once again underscores their fundamental inability to understand basic economics.”

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