in addition, it also changes the circumstance for people on medicare by putting a cap of a maximum $2,000 a year no matter how many prescriptions they have. which is especially important for people with cancer and long-term diseases. it s a god send. it will be a god send for many families. second, the bill locks in place lower health care premiums for the next three years for millions of families that get coverage under the affordable care act. they will meet an average savings of $800 a year for 13 million people. third, it invests $369 billion, granted i called for $500 plus, but it invests $369 billion to secure our energy future and address the climate crisis, bringing down family energy bills by hundreds of dollars, but providing working families tax credits. it gives folks rebates to buy new and efficient appliances, to weather rise their homes and tax credits for heat pumps and rooftops solar. it also to buy any electric vehicle or fuel cell vehicle. new or used. it a
record rates. . foreign businesses are investing in america. hundreds of millions of ch trillions of dollars. $100 billion of semi conductor investments already announced by intel, samsung and more. more than $100 billion electric vehicle battery invest thes by general motors, hyundai and more. just last week of the republic of korea announced $22 billion in new investment in zm conduct canner batteries, chargers and medical devices creating another 16,000 jobs here in america. and this is powering the strongest rebound in american manufacturing in over three decades creating 613,000 manufacturing jobs. passing the chips bill is going to put another $72 billion for incentives to expand semi conduct or production.