Page 43 - 52 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Reduction act, but there is much more that can be done. my advice, to the administration, would be they have legislated a lot, they've put in the framework to do an enormous amount, but it doesn't implemented self. for example, making sure this 52 billion dollars for semiconductors really restores american competitiveness. that it doesn't go to help china, that it doesn't go as corporate welfare. that's a very difficult and very, very important task. i think, secretary raimondo is up to that task, but she's going to have to assemble a first rate team to implement that legislation. >> larry, we...

That the people celebrating this are anti-american faculty who are poisoning our kids minds all the time. i was president of a small college in wyoming that rejected federal student loans and grants and we just financed that for our students ourselves. what it meant was that the default rate was basically nonexistent because of the close relationship between the lender and the borrower. the problem is that the people celebrating this, like a professor of law at harvard, they need to turn to the 52 billion-dollar endowments at those universities and asked their presidents and their boards why c...

Actually decided that they were going to be dominant in the semiconductor business. , tsmc is our largest supplier of chips, which is essential for everything from car sales, refrigerators, to our phones. you, know it's interesting. one of the questions i asked the parliamentarians when we were there in taipei, is do you feel threatened by the recent chips and science act that would pass through congress? 52 billion dollars friendships investment in the united states. and they said absolutely not, they intend to be part of that. the tsmc will expand to arizona, ohio, i'm not sure where. but i ...

After the recent chips act where we will put 52 billion and semiconductors, important for us to know the main source of semiconductors for all of our industries right now is taiwan. we don't want communist china to sort of fulfill their fantasy of pulling that island back -- >> has anyone from the white house's been in contact with you or your fellow lawmakers concerning this trip and the political sensitivities around it? >> not with me. perhaps to senator markey. and of course, when we were there we read about how she had asked president biden to keep the speaker from going. i think the pres...

>> carley: that's where i spend all my money. the president is expected to sign inflation reduction act today, which really is a climate change and health care spending bill the way the democrats plan to pay for it. increased taxes pretty much across the board to purity $52 billion more on income taxes on midsized in family businesses corporate income tax of 15%. and $225 billion in stock tax and raise $74 billion. how with his plate among the american people long term, congressman? >> it's not going to play well. it is called the inflation reduction act because more government spending leads ...