Introduction: This is a tiktok video published by PolitiFact. The video has now received more than 490 likes, 26 comments and 2 shares. It is deeply loved by fans. The following is the specific data and similar videos. Address, you can complete the operation on this page by clicking play or bookmarking the video.
Ahead of his 2024 State of the Union address, President Joe Biden said that legislation under his watch boosted private sector investment in the semiconductor industry. "I signed the CHIPS and Science Act, which attracted $640 billion in private companies’ investments that are building factories, creating jobs in America again," Biden said Feb. 12 at a Washington, D.C., conference for county officials. The White House has repeated this figure on numerous occasions, but attributed it to multiple pieces of legislation signed by Biden — not just the CHIPS Act. Economists told us that these numbers are based on company announcements and all of the spending may not come to fruition or could be years from now. Investments increased before the legislation passed. We rate this Mostly False. Read more at the link on our bio. #biden #semiconductor #chipsact #technology #economy #factcheck
Duration: 0 sPosted : Fri, 01 Mar 2024 15:06:55Views
14.7KDaily-
Likes
490Daily-
Comments
26Daily-
Shares
2Daily-
ER
3.52%Daily-
Latest Videos
Similar Videos
Watch moreMore Videos
Watch more