Madam President, I want to take a moment this morning to recognize a friend and fellow Hoosier, Mark Souder, who passed away earlier this week after a battle with cancer. Mark represented, as so many Hoosiers know, northeastern Indiana in…
Madam President, I want to take a moment this morning to recognize a friend and fellow Hoosier, Mark Souder, who passed away earlier this week after a battle with cancer.
Mark represented, as so many Hoosiers know, northeastern Indiana in the U.S. House of Representatives from 1995 to 2010. He served eight terms. Before being elected to Congress, he spent years working as a staffer for Indiana Senator Dan Coats.
Anyone--anyone--who met Mark was struck by his intellect, his innate grasp of policy details, and perhaps most importantly, his passion for service, for serving Hoosiers in particular. You see, Mark loved northeast Indiana. He loved his constituents. He loved the land, its people, and its unique traditions. He was a strong advocate for Hoosier veterans in particular and for our national parks during his service in Congress.
He was also a man of many talents and interests. Baseball was one of them. In fact, he wrote about the game's history and connections to our own State. Recently, Mark collaborated on a book about the history of television in Fort Wayne.
More personally, I always appreciated Mark's kindness and support as I began my congressional career, and I know Mark provided similar assistance and encouragement to others.
I offer my deepest condolences to the Souder family and to all of Mark's friends and loved ones as they mourn his loss.
CHIPS and Science Act
Madam President, ``Time and momentum are on our side''--so said Xi Jingping to his colleagues in the Chinese Communist Party last year.
True, there have been some recent setbacks to China's grand plan-- corruption probes, billions of wasted government dollars--but make no mistake, these are minor distractions. You see, the CCP is as determined as ever to supplant the United States as the world's leader, militarily and economically, in order to win the 21st century. Xi and his government will subsidize any industry, spend any amount of money, take any means--even propping up manufacturing with slave labor--to bend the market to its ambitions and force America to its knees.
The CCP is confident that America is too dysfunctional and that the American people are too divided to arrest its momentum. Well, today, I am pleased to report that the CCP has made a serious miscalculation. Allow me to explain.
You see, earlier this month, I was in West Lafayette, on the campus of Purdue University. Indiana's Governor, Eric Holcomb, and Purdue's president, Mitch Daniels, were, of course, there. We were joined by U.S. Secretary of Commerce Gina Raimondo and U.S. Secretary of State Antony Blinken. Our group saw up close the amazing work that Purdue is doing across its technology ecosystem. We met and spoke with many talented students and professors. We had a productive discussion about ways to bolster our national security and economic competitiveness. Not coincidentally, we did this in a hall named for Neil Armstrong and, not coincidentally, because our conversation focused on the CHIPS and Science Act.
This is legislation I and others in the Senate worked on for years and of which I am proud was finally signed into law in August. The CHIPS and Science Act will unleash the same enterprising American spirit that sent Neil Armstrong to the Moon aboard Apollo 11--the same spirit Beijing believes is a relic of the 20th century. This type of bipartisan economic and national security win only comes along once in a generation.
Enacting the CHIPS and Science Act sent a strong message to the world that when it comes to meeting China's challenge, here in the United States, there is cross-party consensus and a seriousness of purpose.
A thriving domestic chip industry is going to prevent future supply chain stoppages and protect our military readiness. You see, right now, Taiwan produces 90 percent of all advanced semiconductor chips, and the threat of a communist China takeover of Taiwan is real.
Meanwhile, the Chinese Government is heavily subsidizing its national security innovation base and the development of mission-critical technologies. In fact, the CCP has invested $14 trillion--$14 trillion--in the technologies that will shape our modern economy and decide the winners of future wars, technologies like quantum computing, robotics, and artificial intelligence, and technologies like hypersonics.
They have also set a strategy of dominating the global production of semiconductors. If China produces more and more of the world's supply of semiconductors, America's economy and our national security could be at the mercy of the CCP, especially in the event of another pandemic or war.
This is all part of Beijing's bet to beat America, but the CHIPS and Science Act helps America counter that bet. You see, there is a happy coincidence here. What benefits our national security also benefits our economic security, especially across the industrial Midwest, where we pride ourselves on making things--things like microchips.
Just weeks after the CHIPS and Science Act became law, its benefits began to reverberate across the heartland economy. We have already seen numerous, major economic announcements that are directly tied to this bill becoming law. In fact, a corridor of the semiconductor industry will run through the State of Indiana.
Thanks to the CHIPS and Science Act, SkyWater Technology is moving forward with its plans to partner with Purdue to build a $1.8 billion facility in West Lafayette, which will manufacture semiconductor chips and create an estimated 750 direct jobs, and there is more to come.
Further, the CHIPS and Science Act provides $2 billion for the Department of Defense to make semiconductors. The Naval Surface Warfare Center, Crane Division, in southern Indiana, with its expertise in chips manufacturing, is expected to play a significant role in this effort, in turn creating economic opportunities across the southern part of our State.
The regional tech hubs authorized by the CHIPS and Science Act will launch innovative companies, help revive American manufacturing, and lay the foundation for new, good-paying jobs to jump-start our local communities.
For too long, our coastal States have been the near-exclusive hotbeds of venture capital investments and launching pads for tech startups. Only a handful of American cities account for nearly 90 percent of job growth when it comes to advanced sectors like tech, computer manufacturing, biotech, and telecom. But the CHIPS and Science Act plants the seed corns to ensure that opportunity for investors, entrepreneurs, and researchers spreads across the industrial Midwest and other areas around the country.
It will broaden and deepen our startup and tech economy. As a result, everyone will win, and our national defense will be safeguarded.
Our position as a leader in the development of feature technologies will be secure. Our ability to win the contests ahead, economically and, God forbid, militarily, will also be secured. And there will be numerous residual benefits to this law in the years to come, such as American labor providing the manpower needed to construct new fabs and facilities here in the United States.
In closing, let me reiterate that the CHIPS and Science Act will be a boost to our domestic economy, but it is not just about our economy. It will strengthen our national defense by allowing us to have the most sophisticated weapons systems and by ensuring their critical components are made in the U.S.A.
But it is not just about national defense either. You see, this is about deciding which values are going to animate these technologies in the future: The values on display from a Communist Party when it cracks down on protesters in the streets of Hong Kong? The values that enslave millions of Uighurs and Xinjiang, or threaten Taiwan?
The world's autocrats are attempting to exert their influence across the globe. They argue that the American system, with our pesky system of checks and balances, our very ideal of government of the people, by the people, for the people--they argue that can't work in the 21st century. But the signing of the CHIPS and Science Act proved them wrong.
When it comes to out-innovating China in authoring a second American century, I am confident that, in the days ahead, both time and momentum will be on America's side.
I yield the floor.
I suggest the absence of a quorum.
Madam President, I ask unanimous consent that the order for the quorum call be rescinded.
Madam President, I ask unanimous consent that should the Senate receive from the House of Representatives a bill, the text of which is identical to H.R. 8982, as introduced in the House and which is at the desk, the Senate proceed to its immediate consideration, the bill be considered read a third time, and the Senate vote on passage without further intervening action or debate, and the motion to reconsider be considered made and laid upon the table.
Madam President, H.R. 8982 is another important fix to the ongoing infant formula shortage. When the Formula Act passed in July, it left out ``infant formula base powder.'' This bill will ensure trade barriers are lifted as we continue to address this crisis.
I thank my colleagues Senator Lee and Senator Braun for their efforts on this.
I yield the floor.