Hi there,

Independent media is more important than ever. Speaking up and telling the truth is becoming increasingly dangerous. Because we are only sponsored by you—not by governments or corporations—we can continue to bring you courageous journalism in a landscape filled with disinformation. If every person who came here for news this month gave just $15, we would be fully funded for a year. Thanks to a group of generous donors, all donations today will be TRIPLED, which means your $15 gift is worth $45. If you believe that freedom of speech and freedom of the press are essential to the functioning of a democratic society, please donate today. Every dollar makes a difference. Thank you so much.

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Biden Signs $280 Billion CHIPS Act

HeadlineAug 10, 2022

President Biden has signed a $280 billion package to support the U.S. semiconductor industry.

President Joe Biden: “Today I’m signing into law the CHIPS and Science Act, a once-in-a-generation investment in America itself, a law that the American people can be proud of.”

The CHIPS Act will provide more than $76 billion in subsidies to corporations that produce semiconductor chips in the United States. Vermont independent Senator Bernie Sanders opposed the bill, saying it is a form of corporate welfare for a handful of wealthy high-tech companies.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top