GOP And DNC Team Up To Secure America’s Future
(RepublicanNews.org) – The COVID-19 pandemic hit the world’s supply chains hard, creating shortages across the globe. However, many of these product networks have since recovered or have at least stabilized — except for semiconductors. The lack of these critical components is skyrocketing the price of vehicles, smartphones, computers, and other electronics. Republicans and Democrats are now teaming up to address the issue.
EXCLUSIVE: Bipartisan Group Of Reps Propose Semiconductor Supply Chain Review https://t.co/hG1WuQ8fyw
— Daily Caller (@DailyCaller) June 22, 2022
According to an exclusive report from the Daily Caller, Representative Mike Gallagher (R-WI) is leading a group of House lawmakers in an effort to trigger a review of semiconductor supply chains. Representatives Chrissy Houlahan (D-PA) and Elise Stefanik (R-NY) are also taking part in the collective attempt that would ultimately amend the National Defense Authorization Act.
Called the Defense Semiconductor Stockpile Act, it would require the Department of Defense (DoD) to send Congress a report clarifying existing shortages and explaining its need for semiconductors if the US enters any conflict with a strategic competitor in the Indo-Pacific region.
Notably, Taiwan is currently the largest producer of semiconductors in the world. With the threat of China invading the island nation looming, it isn’t difficult to see why some feel so strongly about developing US-based manufacturers on home soil.
If passed, the lawmakers’ amendment would also allow the DoD to buy any necessary material it needs to build these parts in an effort to fight global shortages. Semiconductors are crucial to the creation of modern weapons for the US military; a lack of access to components could also diminish US defenses. That could ultimately threaten national security.
Can the US rely on foreign countries — and potential adversaries — to manufacture these critical chips? Or, is it better for America to develop its own production abilities at home?
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