Over the next ten years, nearly $2 trillion dollars in federal funding for infrastructure upgrades, clean energy, domestic semiconductor manufacturing, and science and technology innovation will flow into the US economy. Driven by three pieces of legislation—the Bipartisan Infrastructure Law (BIL), the Inflation Reduction Act (IRA), and the Creating Helpful Incentives to Produce Semiconductors and Science Act (CHIPS)—this funding aims to lower carbon emissions substantially and boost US economic competitiveness, innovation, and productivity.
To maximize the impact of this generational investment, leaders across the public and private sectors will need to work together to reinvest in America.
Topics
CHIPS | Macro Perspectives for Leaders | Roads, Highways, Bridges | PowerPassenger & Freight Rail | Broadband | Water | Infrastructure Safety & Resiliency
Airports, Ports, and Waterways | Transit, Ferries, and Zero Emissions School Buses
Environmental Remediation | Electric Vehicle Infrastructure | Climate and Sustainability | Capital Excellence
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BIL Navigator
CHIPS funding is geared toward powering the engines of innovation and global competitiveness through the construction of new microprocessor manufacturing and R&D facilities, expanding the nation’s science and technology base, boosting participation in STEM education and creating a broader, more inclusive high-tech workforce.