Speaker Johnson’s CHIPS Act remark and the question it raises

House Speaker Mike Johnson recently stirred controversy by suggesting that Republicans might attempt to repeal the CHIPS Act if they regain control of Congress and Donald Trump returns to the White House.

The Speaker’s comment echoed Trump’s recent criticism of the CHIPS Act when he called it a “bad deal” that benefits foreign companies.

Speaking at a campaign stop in Syracuse, New York, Johnson stated that Republicans “probably will” aim to revoke the semiconductor manufacturing legislation, which promises a $100 billion microchip facility for the region, benefiting GOP Rep. Brandon Williams’ district.

Williams, who faces a challenging re-election against Democratic state Sen. John Mannion, expressed the importance of the Act for Central New York’s economy, as it brings significant microchip manufacturing to the area.

Following a backlash, Johnson clarified that repealing the CHIPS Act is “not on the agenda.” He expressed support for potential reforms to reduce burdens tied to the legislation.

Democrats seized the moment, with Mannion pledging to protect the CHIPS Act if elected.

The CHIPS Act
Passed in 2022 with bipartisan support, the CHIPS Act provides nearly $53 billion to support  US semiconductor manufacturing, a sector essential to emerging industries like artificial intelligence and defense.

However, Johnson’s comment begs the question of whether the next President of the United States will face a friendly and cooperative Congress or if they will face opposition, making it difficult for them to enact legislation.

As the November 5 election nears, Democrats have intensified efforts to frame the GOP’s stance as harmful to American workers, energizing their base around the importance of manufacturing jobs and economic security.