2022 was a revolutionary year for American manufacturing. Congress and the Biden administration took major steps on behalf of manufacturing, including passing and signing The CHIPS and Science Act, the Inflation Reduction Act and the Infrastructure Act now in its first year of implementation. The CHIPS and Science Act takes the unprecedented action of dedicating billions of dollars to one industry (semiconductors) to build new factories in the United States, and the funds are in the form of grants, not loans. The Inflation Reduction Act appropriates approximately $357 billion to an enormous program to recreate the entire auto industry in a new form through electric vehicles, and to acc
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