CHIPS Act implementation at risk as November shutdown looms, Raimondo warns – By Chris Riotta (Nextgov) / Oct 4, 2023
The shutdown would be “massively disruptive” for ongoing efforts to boost semiconductor manufacturing in the U.S., Commerce Secretary Gina Raimondo said Wednesday.
A government shutdown would be “massively disruptive” for the Commerce Department as it continues to disburse critical funding featured in the CHIPS and Science Act to boost semiconductor research and development in the U.S., according to Secretary Gina Raimondo.
Raimond testified before the Senate Committee on Commerce, Science and Transportation on Wednesday that the agency was in the process of “making historically bold and strategic investments that will strengthen national and economic security,” and was planning to announce additional CHIPS Act investments this fall.
The shutdown, narrowly averted late Saturday night after Congress passed a short-term spending bill, could have significantly impeded investments and the department’s ongoing efforts to implement the CHIPS Act, according to Raimondo. She also emphasized the immense “stress” and concern the looming shutdown had caused among Commerce Department employees.
