Tim Graham/Getty Images Allison Pecorin, ABC News (WASHINGTON) The Senate is aiming this week to bolster the public's ability to buy an affordable car, microwave or a smartphone as lawmakers push forward legislation to incentivize production of the tiny semiconductor chips that all kinds of technological devices rely upon. A nationwide shortage of these chips has caused production delays, stalling out industries from automotive to medical and spurring already-punishing inflation rates. The Biden administration warns there's no time left to lose: Commerce Secretary Gina Raimondo, briefing lawmakers earlier this month, called passing a bill to incentivize U.S. developments of the semiconductors a "matter of urgency" and said the country was "out of time" to act. "It's a matter of national defense. It's a matter of economic vitality. And it's time for all of us just do our job and get this over the finish line," she said. The Senate
Allison Pecorin, ABC News (WASHINGTON) The Senate is aiming this week to bolster the public's ability to buy an affordable car, microwave or a smartphone as
Tim Graham/Getty Images Allison Pecorin, ABC News (WASHINGTON) The Senate is aiming this week to bolster the public's ability to buy an affordable car, microwave or a smartphone as lawmakers push forward legislation to incentivize production of the tiny semiconductor chips that all kinds of technological devices rely upon. A nationwide shortage of these
The country has a major microchip problem -- and the Senate has a $52 billion solution go.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from go.com Daily Mail and Mail on Sunday newspapers.