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26 Jul
The American Iron and Steel Institute has sent a letter to Senate Majority Leader Chuck Schumer and Minority Leader Mitch McConnell, urging the US Senate to pass the Creating Helpful Incentives to Produce Semiconductors (CHIPS) bill, which is being debated on the floor this week, Kallanish learns. The current iteration of the CHIPS Act is pared down from earlier versions of the bill. As the bill stands now, it authorizes about $52 billion in grants and loans for …
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