Commentary In August, the Biden administration and Congress celebrated their third legislative victory in less than a year. As with Russia’s invasion of Ukraine, they are celebrating Pyrrhic victories. As Russia’s invasion will seriously undermine Russia’s living standards, President Joe Biden’s massive government expansion will stifle U.S. growth for years to come. It often takes…

Commentary Congress and the Biden administration are gearing up a bloated Creating Helpful Incentives to Produce Semiconductors for America Act, but the CHIPS for America Act runs the real risk of chipping away at America’s economic freedom and competitiveness, rather than enhancing it. The Senate is scheduled this week to vote on the bill, whose…

WASHINGTON—President Joe Biden called for a significant investment to revitalize American chip manufacturing to counter China’s threat to “dominate the semiconductor supply chain.” In an effort to address an ongoing global chip shortage and strengthen the domestic semiconductor industry, the White House hosted a virtual summit with business leaders on April 12. “This is an…

WASHINGTON—President Joe Biden called for a significant investment to revitalize U.S. chip manufacturing to counter China’s threat to “dominate the semiconductor supply chain.” In an effort to address an ongoing global chip shortage and strengthen the domestic semiconductor industry, the White House hosted a virtual summit with business leaders on April 12. “This is an…