Chips

House Speaker Johnson Says GOP May Repeal CHIPS Act

After saying the GOP 'probably will' kill the CHIPS Act, his office issued a statement that he would like to 'streamline' the law.

Associated Press

Nov 2, 2024 — 3 min read

Photo of House Speaker Mike Johnson, R-La., speaking during a campaign event at the Lucas County Republican Party headquarters in Holland, Ohio, Saturday, Oct. 26, 2024, by Carolyn Kaster/AP

WASHINGTON, Nov. 2, 2024 (AP) — House Speaker Mike Johnson said Friday that Republicans “probably will” try to repeal legislation that spurred U.S. production of semiconductor chips, a statement he quickly tried to walk back by saying he would like to instead “streamline” it.

Johnson made the initial comment while campaigning for a vulnerable New York GOP congressman in a district that is anticipating a large new Micron semiconductor manufacturing plant.

A reporter asked Johnson whether he would try to repeal the bipartisan CHIPS and Science Act, which Republican presidential nominee Donald Trump had disparaged last week. “I expect that we probably will, but we haven’t developed that part of the agenda yet," Johnson replied.

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