Matsui Statement on the Introduction of America Competes Act of 2022
SACRAMENTO, CA – Today, Congresswoman Doris Matsui (D-CA), a senior member of the House Energy and Commerce Committee, issued the following statement on the introduction of the America Creating Opportunities for Manufacturing, Pre-Eminence in Technology and Economic Strength (America COMPETES) Act of 2022.
"Today, the House unveiled a comprehensive package to jumpstart American manufacturing and secure crucial supply chains for generations to come,” said Congresswoman Matsui. “The America COMPETES Act looks towards the future by making critical investments to give American innovators the tools to reestablish leadership in strategically important sectors of the economy. The package includes $52 billion of vital investments based on my legislation, the CHIPS for America Act, which will reassert American leadership in the strategically important semiconductor industry. The future of innovation in 5G networks, healthcare, and computing all hinge on the availability of state-of-the-art semiconductors from trusted sources. This bill will help lower the cost of consumer goods, create new jobs, and increase national security.”
“The bill also includes a provision based on my legislation that will support new breakthroughs to support next generation wireless networks with Open RAN technology,” Matsui continued. “Now is the time to be bold and put power in the hands of American workers and innovators. We must seize this opportunity to create American jobs and invest in our nation’s future.”
Congresswoman Matsui has long been a champion of securing our technological future and serves as Chair of the Congressional High-Tech Caucus and Vice Chair of the House Energy and Commerce’s Subcommittee on Communications and Technology.
She is co-author of the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act, which would restore semiconductor manufacturing back to American soil by increasing federal incentives to stimulate advanced chip manufacturing, enable cutting-edge research and development, secure the supply chain and bring greater transparency to the microelectronics ecosystem. Congresswoman Matsui successfully included an amendment based on the CHIPS Act in the FY21 NDAA.
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