The Bold Vision of the CHIPS and Science Act Isn’t Getting the Funding it Needs

The legislative accomplishments of the previous session of Congress have given advocates of more robust innovation and industrial development investments much to be excited about. This is especially true for the bipartisan CHIPS and Science Act (CHIPS), which committed the nation not just to compete with China over industrial policy and talent, but to advance broad national goals such as manufacturing productivity and economic inclusion while ramping up federal investment in science and technology.