Whatever their electoral implications, recent US legislative achievements – from the CHIPS and Science Act to the Inflation Reduction Act – portend a massive increase in long-term investment in America’s growth potential, and in balancing out the various dimensions of its growth pattern. It's a change that couldn't come too soon.
FORT LAUDERDALE – From last November’s $1.2 trillion infrastructure bill, which promises upgraded American roads, bridges, and broadband, to the recently enacted CHIPS and Science Act, which will allocate more than $52 billion to boosting the American semiconductor industry, major economic legislation is the order of the day in America. And we may soon be able to add the Inflation Reduction Act (IRA) – now headed to the House, after passage by the Senate – to that list.
FORT LAUDERDALE – From last November’s $1.2 trillion infrastructure bill, which promises upgraded American roads, bridges, and broadband, to the recently enacted CHIPS and Science Act, which will allocate more than $52 billion to boosting the American semiconductor industry, major economic legislation is the order of the day in America. And we may soon be able to add the Inflation Reduction Act (IRA) – now headed to the House, after passage by the Senate – to that list.