The CHIPS Act of 2022 represents a historic $52.7 billion investment in American semiconductor research, development, manufacturing, and workforce development. Because parts of the statute were drafted with the intent of maximizing the Commerce Department’s flexibility to execute programs, including CHIPS incentives, several unknowns remain for prospective applicants ahead of the anticipated February 2023 funding opportunity announcement (FOA).
Read MoreWhile many races have yet to be called and control of both the House and Senate hang in the balance, Democrats have managed to avoid a red wave and defied conventional wisdom about midterm elections, an unpopular president, and a struggling economy. Here’s our analysis of how the midterm elections will impact committees in the 118th Congress.
Read MoreOn Capitol Hill, it is likely the future of the American economy and President Joe Biden’s agenda will be decided by a series of deadlines facing Congress in the next few months, many of which line up with holidays and recesses. We are hearing from all directions that discussions will come down to the wire and that members of Congress can look forward to (or dread) a busy holiday season.
Read MoreThere’s been no rest for the weary this week in Washington as we careen towards deadlines for a vote on the bipartisan infrastructure bill, two fiscal cliffs, and other key expirations. Here are our latest insights on infrastructure and reconciliation; the CR, debt limit, and appropriations; and other legislative activity.
Read MoreWhile Congress is technically still in recess, things in Washington have been anything but slow with a crowded agenda taking shape for the fall. Here’s the latest we are picking up on infrastructure and reconciliation; appropriations, emergency spending, and the debt limit; and the crowded fall agenda.
Read MoreTo date, there seems to be little dialogue between the “big four” authorizers and appropriators and House and Senate leadership aimed at reaching consensus on defense priorities and the related topline spending levels. Ultimately, Washington must consider two choices: will it go its usual route where the Pentagon, Congress, and the White House negotiate over the politics of how much taxpayer money should be spent on this or that? Or will the federal government pursue a comprehensive evaluation and reconsideration of the nation’s defense strategy?
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