Congressional Republicans 'don't see a huge appetite' for Trump's push to repeal the CHIPS Act

[Eugene]

Source: NBC News

Congressional Republicans 'don’t see a huge appetite' for Trump's push to repeal the CHIPS Act

Three aides to Senate Republicans made clear the party has neither the stomach nor the time to engage in a repeal of the bipartisan legislation at this time.

March 5, 2025, 6:33 PM EST
By Allan Smith, Frank Thorp V and Sahil Kapur

WASHINGTON — In the closing weeks of last year’s presidential campaign, House Speaker Mike Johnson quickly walked back remarks he made while standing alongside a vulnerable Republican member in New York.

Johnson had pledged to repeal the CHIPS and Science Act if Donald Trump became president — a position he quickly realized was not popular in battleground districts and could hurt his members’ re-election bids.

“The CHIPS Act is not on the agenda for repeal,” Johnson, R-La., said in a statement that soon followed his October comments.

Fast-forward to Tuesday, and Trump, now president, made a request of Johnson on camera during a nationally televised speech before a joint session of Congress: Repeal the CHIPS Act.

-snip-

Read more: https://www.nbcnews.com/politics/congress/republicans-trump-push-repeal-chips-act-rcna194910

[Baron2024]

1. Everyone Knows

Everyone knows that Trump is a dangerous idiot, and this is just another example. The CHIPS Act has invested something like $50 billion in taxpayer dollars so far. The estimate for the amount of private investment that this has stimulated is somewhere around $400 billion dollars. So you are literally talking about a net investment of hundreds of billions of dollars. That is an effective government program. Trump just wants it repealed because it is a Biden program, and he hates anything associated with Joe Biden. It damages Trump's fragile vanity and hurts his delicate ego.

[elleng]

2. Why WOULD there be such?

Pretty damned stupid, as the rationale was to bring jobs to the U.S., eh?