The Senate took another step forward today in delivering on the President’s vision to strengthen our supply chains, produce more in America, and outperform China and the rest of the world for decades to come. We look forward to the House of Representatives moving quickly to launch the official conference process as well.

Today’s vote demonstrates that there is clear bipartisan support for the kinds of investments the President has long championed – like boosting domestic manufacturing, supporting our innovators and helping them take their ideas from the lab to the world. factory, as well as tackling supply chain bottlenecks like semiconductors that drive up middle-class prices. Events of the past two years, including the pandemic and Russia’s war of aggression against Ukraine, have underscored how important it is to our economic and national security to manufacture more of these critical components here in America.

We have made remarkable progress over the past year in rebuilding our industrial base, including creating more manufacturing jobs last year than any year in nearly three decades, and making a historic and long overdue investment in our nation’s infrastructure. Competitiveness legislation like the Bipartisan Innovation Act is our chance to build on that success and create well-paying jobs, earn more in America, and lower prices for working families.