Gentleman and also the first lady, the president will lay and out his agenda to those lawmakers and to you, the American People. Congressional correspondentd th American People. Aisha hosny is standing by withs a preview of the republican response. But we begin standin with housee house correspondent Jackie Heinrich and a preview of the president s speech tonight. Jacqui good evening, jackie. D good evening, martin. Resident good evening, bret. Well, President Biden directly a assail republicans tonight. Officials have sent ousst memos hitting republicans forro everything from trump tax cuts ,adding to the deficit to proposals for National Abortion bans. Deficit, and also plans to cut social ban security and medicare. Wes an this speech is widely vid as an anchor to a anchor t 2024 announcement, but its not supposed to look like a campaign speech. So the president Will Instealo D frame his achievementsai as progress made against allns odds that needs to be protected and continued. Righ
gentleman and also the first lady, the president will lay and out his agenda to those lawmakers and to you, the american people. congressional correspondentd th american people. aisha hosny is standing by withs a preview of the republican response. but we begin standin with housee house correspondent jackie heinrich and a preview of the president s speech tonight. jacqui good evening, jackie .d good evening, martin.resident good evening, bret. well, president biden directly a assail republicans tonight. officials have sent ousst memos hitting republicans forro everything from trump tax cuts ,adding to the deficit to proposals for national abortion bans. deficit, and also plans to cut social ban security and medicare. wes an this speech is widely vid as an anchor to a anchor t 2024 announcement, but it s not supposed to look like a campaign speech. so the president will instealo d frame his achievementsai as progress made against allns odds that needs to be protected and conti
starts small business, it is an act of home and madam vice president, i want to thank you for leading that effort to ensure small business have access to capital and historic laws we enacted that will come into being. standing here last year, i shared with you story of american genius and possibilities, semiconductors, small computer chips the size of a finger print that power cell phones to automobiles and so much more, the chips were invented in america, let s get that straight, they were invented in eshg america. we used to 40% of the number, now we are down to 10%. we saw what happened when chip factories shut down overseas, today s automobiles need 3000 chips for automobiles, american
automobiles. but american automobiles couldn t make enoughca carsug because there weren t enough chips. car prices went up. people ch got laid off. so did everything from refrigerators to cell phones. o refrigerators we can never let that happen again. that s whphy that s why we came together to pass the buyn h partisan chips in science atip.c i know i ve beenri criticized f, saying this, but i m not changing my view. we re going to make suree chain the supply chainfo for america begins in america. begins in america. more free trade. a hundred thousand800,000 new manufacturing jobs bef new manufacturing without this
semiconducts rers. power everything from cell phones to automobiles and so much more. these chips were invented in america. let s get that straight. they were invented in america. we used to make 40% of the world s chips. the last several decades we lost our edge. we re down only producing 10%. we all saw what happened during the pandemic when chip factories shut down overseas. today s automobiles need 3,000 chips each of those automobiles. but american automobiles couldn t make enough cars because there weren t enough chips. car prices went up. people got laid off. so did everything from refrigerators to cell phones. we can never let that happen again. that s why that s why we came together to pass the bipartisan chips and science act.