WASHINGTON – U.S. Senator Roger Wicker, R-Miss., ranking member of the Senate Committee on Commerce, Science, and Transportation, today released a fact sheet praising the strong research and development and science, technology, engineering, and math (STEM) education provisions included in the Senate’s new CHIPS Act of 2022, which is slated for a final vote next week.
“The new CHIPS Act of 2022 creates a comprehensive response to China’s growing technology dominance, which poses a massive threat to our national security,” Wicker said.
“The new language includes many research funding, security, and STEM education provisions that are essential if the U.S. hopes to outcompete China and protect our intellectual property.”
Wicker was a key negotiator on the new package, noting that he would be adamantly opposed to any proposal to provide support for semiconductor manufacturers that did not also include significant investments in research and development and STEM education to help the U.S. outcompete China.
Among other provisions Wicker championed, the new CHIPS Act would significantly reduce geographic disparities in research and development funding through the National Science Foundation (NSF) by ensuring 20 percent of funding would be set aside for the 25 states and three territories that are included in NSF Established Program to Stimulate Competitive Research (EPSCoR) jurisdictions.
Check out the fact sheet here, or below.
FACT SHEET: New CHIPS Act Includes Significant Investments and Protections for Research and Development
FACT: The new CHIPS Act will add important research security guardrails to protect U.S. intellectual property.
Senators advanced the U.S. Innovation and Competition Act (USICA) to stop China from stealing U.S. intellectual property and the fruits of federally funded research with impunity. Among other provisions from USICA, the new bipartisan “CHIPS Act of 2022” would:
FACT: The new CHIPS Act will reduce historic disparities in research funding allocations, ensuring more universities can participate in U.S. efforts to outcompete China.
A critical component of USICA was its historic changes to how the National Science Foundation distributes federal research and development (R&D) funding to universities and research institutions. In order to outcompete China, the U.S. will need to take advantage of the talent, capabilities, and expertise found in the industries and universities throughout America, not just a handful of coastal high-tech centers. For example, in 2021 over half of NSF funds went to just seven states plus D.C. Half the states in the country received less than 13% of NSF funds. The new CHIPS Act includes important components of USICA that would help correct this concentration of R&D funding, including provisions that would:
Senator Wicker advanced a compromise on each of these provisions that would phase in the EPSCoR set-aside over seven years and establish 20 regional tech hubs dispersed geographically for maximum impact.
FACT: The new CHIPS Act will boost research funding and STEM education opportunities for critical industries.
Another critical component of the Senate’s carefully crafted USICA proposal was the significant boost for funding programs at NSF to help counteract China’s huge gains in research. The new CHIPS Act includes many of those provisions, which amount to a total of $36 billion in additional funding for NSF over the next five years. This additional funding will: