The Biden administration will award up to $6.4 billion in grants to South Korea’s Samsung Electronics to expand its chip production in central Texas as part of a broader effort to boost US chipmaking
the Department of Commerce said on Monday. The funding from the 2022 Chips and Science Act will support two chip production facilities, a research center and a packaging facility, in Taylor, Texas, the agency said, as previously reported by Reuters. It will also enable Samsung to expand its Austin, Texas, semiconductor facility, Commerce Department Secretary Gina Raimondo added, while boosting chip output for the aerospace, defense and auto industries and bolstering national security, administration officials told reporters. “(These investments) will allow the US to once again lead the world, not just in semiconductor design, which is where we do now lead, but also in manufacturing, advanced packaging, and research and development,” Raimondo said.
needed badly great for red state thanks to biden admin
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
1
Quote Originally Posted by fubah2:
The Biden administration will award up to $6.4 billion in grants to South Korea’s Samsung Electronics to expand its chip production in central Texas as part of a broader effort to boost US chipmaking
the Department of Commerce said on Monday. The funding from the 2022 Chips and Science Act will support two chip production facilities, a research center and a packaging facility, in Taylor, Texas, the agency said, as previously reported by Reuters. It will also enable Samsung to expand its Austin, Texas, semiconductor facility, Commerce Department Secretary Gina Raimondo added, while boosting chip output for the aerospace, defense and auto industries and bolstering national security, administration officials told reporters. “(These investments) will allow the US to once again lead the world, not just in semiconductor design, which is where we do now lead, but also in manufacturing, advanced packaging, and research and development,” Raimondo said.
needed badly great for red state thanks to biden admin
“To meet the expected surge in demand from US customers, for future products like AI chips, our fabs will be equipped for cutting-edge process technologies and help bring security to the US semiconductor supply chain.”
2
“To meet the expected surge in demand from US customers, for future products like AI chips, our fabs will be equipped for cutting-edge process technologies and help bring security to the US semiconductor supply chain.”
House Republicans have slipped TikTok legislation into the foreign aid package in hopes that it forces the Senate to a quick vote on the measure.
While three of the four measures in the package focus on aid to Ukraine, Israel and the Indo-Pacific, the fourth bill could lead to a ban of the popular social media app, which has links to China.
If passed, the app’s Chinese parent, ByteDance, would have nine months to sell the social media company.
If it misses the deadline, TikTok would be banned from US app stores.
However, the measure authorizes President Joe Biden to extend the deadline by another 90 days if he determines there’s been progress toward a sale.
0
House Republicans have slipped TikTok legislation into the foreign aid package in hopes that it forces the Senate to a quick vote on the measure.
While three of the four measures in the package focus on aid to Ukraine, Israel and the Indo-Pacific, the fourth bill could lead to a ban of the popular social media app, which has links to China.
If passed, the app’s Chinese parent, ByteDance, would have nine months to sell the social media company.
If it misses the deadline, TikTok would be banned from US app stores.
However, the measure authorizes President Joe Biden to extend the deadline by another 90 days if he determines there’s been progress toward a sale.
The House passed the Indo-Pacific Security Supplemental bill with a bipartisan vote of 385-34
Here's what the package includes:
• $8.1 billion to counter China’s actions in the Indo-Pacific region • $3.3 billion to develop submarine infrastructure • $2 billion in foreign military financing for Taiwan and other key allies • $1.9 billion to replenish defense items and services provided to Taiwan and regional partners
The Senate bill contained very similar provisions to bolster security in the region.
3
House passes foreign aid package!
...MAGA/trump agenda thwarted!
The House passed the Indo-Pacific Security Supplemental bill with a bipartisan vote of 385-34
Here's what the package includes:
• $8.1 billion to counter China’s actions in the Indo-Pacific region • $3.3 billion to develop submarine infrastructure • $2 billion in foreign military financing for Taiwan and other key allies • $1.9 billion to replenish defense items and services provided to Taiwan and regional partners
The Senate bill contained very similar provisions to bolster security in the region.
House passes Ukraine aid bill to oppose Russian terrorism
MAGA opposition loses!
The House passed the Ukraine Security Supplemental Appropriations Act
with a wildly popular vote of 311 - 112.
Democrats cheered and waved Ukrainian flags in support!
The $95 billion package contains $61 billion for Ukraine and regional partners.
*BUT MUCH of that aid goes to American defense contractors to supply the needed ammunition and weapons to help Ukraine defend it's borders from Russian terrorism.
American businesses!!
1
House passes Ukraine aid bill to oppose Russian terrorism
MAGA opposition loses!
The House passed the Ukraine Security Supplemental Appropriations Act
with a wildly popular vote of 311 - 112.
Democrats cheered and waved Ukrainian flags in support!
The $95 billion package contains $61 billion for Ukraine and regional partners.
*BUT MUCH of that aid goes to American defense contractors to supply the needed ammunition and weapons to help Ukraine defend it's borders from Russian terrorism.
about $23 billion would be used to replenish US weapons, stockpiles and facilities, and more than $11 billion would fund current US military operations in the region.
Nearly $14 billion included in the bill would help Ukraine buy advanced weapons systems and other defense equipment. (likely from US defense contractors as well!)
American businesses!!!
1
Of that total,
about $23 billion would be used to replenish US weapons, stockpiles and facilities, and more than $11 billion would fund current US military operations in the region.
Nearly $14 billion included in the bill would help Ukraine buy advanced weapons systems and other defense equipment. (likely from US defense contractors as well!)
Quote Originally Posted by fubah2: The Biden administration will award up to $6.4 billion in grants to South Korea’s Samsung Electronics to expand its chip production in central Texas as part of a broader effort to boost US chipmaking the Department of Commerce said on Monday. The funding from the 2022 Chips and Science Act will support two chip production facilities, a research center and a packaging facility, in Taylor, Texas, the agency said, as previously reported by Reuters. It will also enable Samsung to expand its Austin, Texas, semiconductor facility, Commerce Department Secretary Gina Raimondo added, while boosting chip output for the aerospace, defense and auto industries and bolstering national security, administration officials told reporters. “(These investments) will allow the US to once again lead the world, not just in semiconductor design, which is where we do now lead, but also in manufacturing, advanced packaging, and research and development,” Raimondo said. needed badly great for red state thanks to biden admin
Very badly! That was part of the inflation the past few years since slowly recovering from Trump's pandemic
0
Quote Originally Posted by KellyM_1964:
Quote Originally Posted by fubah2: The Biden administration will award up to $6.4 billion in grants to South Korea’s Samsung Electronics to expand its chip production in central Texas as part of a broader effort to boost US chipmaking the Department of Commerce said on Monday. The funding from the 2022 Chips and Science Act will support two chip production facilities, a research center and a packaging facility, in Taylor, Texas, the agency said, as previously reported by Reuters. It will also enable Samsung to expand its Austin, Texas, semiconductor facility, Commerce Department Secretary Gina Raimondo added, while boosting chip output for the aerospace, defense and auto industries and bolstering national security, administration officials told reporters. “(These investments) will allow the US to once again lead the world, not just in semiconductor design, which is where we do now lead, but also in manufacturing, advanced packaging, and research and development,” Raimondo said. needed badly great for red state thanks to biden admin
Very badly! That was part of the inflation the past few years since slowly recovering from Trump's pandemic
Quote Originally Posted by fubah2: HEADLINES today . . . House passes key foreign aid package! Democrats save the legislation! MAGA/trump agenda thwarted! Mike Johnson faced threats of an ouster by far-right radical MAGAs. He advanced the foreign aid package anyway! It passed. Cheers on passing this aid bill! It's good for Ukraine and good for America.
@Zeus4par
exactly ! ukraine and europe is breathing a slight sigh of relief now i ma certain and meanwhile our defense contractors just got a big boost to their business !
win win as i see it except of course this is expensive to our budget
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
1
Quote Originally Posted by Zeus4par:
Quote Originally Posted by fubah2: HEADLINES today . . . House passes key foreign aid package! Democrats save the legislation! MAGA/trump agenda thwarted! Mike Johnson faced threats of an ouster by far-right radical MAGAs. He advanced the foreign aid package anyway! It passed. Cheers on passing this aid bill! It's good for Ukraine and good for America.
@Zeus4par
exactly ! ukraine and europe is breathing a slight sigh of relief now i ma certain and meanwhile our defense contractors just got a big boost to their business !
win win as i see it except of course this is expensive to our budget
Of that total, about $23 billion would be used to replenish US weapons, stockpiles and facilities, and more than $11 billion would fund current US military operations in the region. Nearly $14 billion included in the bill would help Ukraine buy advanced weapons systems and other defense equipment. (likely from US defense contractors as well!) American businesses!!!
@fubah2
Okay so then that adds up to at least $48 billion that gets recycled through America!
I'm all in favor. This is not what a lot of MAGAS in media, congress and across the web wrongfully believe is simply giving away free money to Ukraine!
1
Quote Originally Posted by fubah2:
Of that total, about $23 billion would be used to replenish US weapons, stockpiles and facilities, and more than $11 billion would fund current US military operations in the region. Nearly $14 billion included in the bill would help Ukraine buy advanced weapons systems and other defense equipment. (likely from US defense contractors as well!) American businesses!!!
@fubah2
Okay so then that adds up to at least $48 billion that gets recycled through America!
I'm all in favor. This is not what a lot of MAGAS in media, congress and across the web wrongfully believe is simply giving away free money to Ukraine!
House passes key foreign aid package! Democrats saved the legislation! ...MAGA/trump agenda thwarted!
CNN lists what’s included in the bills (according to a summary provided by House Republicans)
Nearly $61 billion for Ukraine's defense against Russain terrorism
• About $23 billion would be used to replenish US weapons, stockpiles and facilities • $11 billion would fund current US military operations in the region • Nearly $14 billion would help Ukraine buy advanced weapons systems and other defense equipment
More than $26 billion for our key mid-East ally, Israel
• $4 billion for the Iron Dome and David’s Sling missile defense systems • $1.2 billion for the Iron Beam defense system, which counters short-range rockets and mortar threats • $4.4 billion to replenish defense items and services provided to Israel. • $3.5 billion for the procurement of advanced weapons systems and other items through the Foreign Military Financing Program • $9.2 billion in humanitarian assistance
More than $8 billion for Indo-Pacific security
• $3.3 billion to develop submarine infrastructure • $2 billion in foreign military financing for Taiwan and other key allies • $1.9 billion to replenish defense items and services provided to Taiwan and regional partners
1
House passes key foreign aid package! Democrats saved the legislation! ...MAGA/trump agenda thwarted!
CNN lists what’s included in the bills (according to a summary provided by House Republicans)
Nearly $61 billion for Ukraine's defense against Russain terrorism
• About $23 billion would be used to replenish US weapons, stockpiles and facilities • $11 billion would fund current US military operations in the region • Nearly $14 billion would help Ukraine buy advanced weapons systems and other defense equipment
More than $26 billion for our key mid-East ally, Israel
• $4 billion for the Iron Dome and David’s Sling missile defense systems • $1.2 billion for the Iron Beam defense system, which counters short-range rockets and mortar threats • $4.4 billion to replenish defense items and services provided to Israel. • $3.5 billion for the procurement of advanced weapons systems and other items through the Foreign Military Financing Program • $9.2 billion in humanitarian assistance
More than $8 billion for Indo-Pacific security
• $3.3 billion to develop submarine infrastructure • $2 billion in foreign military financing for Taiwan and other key allies • $1.9 billion to replenish defense items and services provided to Taiwan and regional partners
President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under the Inflation Reduction Act and announce new steps to stand up his administration’s American Climate Corps – a program popular with youth climate groups.
1
President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under the Inflation Reduction Act and announce new steps to stand up his administration’s American Climate Corps – a program popular with youth climate groups.
President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under the Inflation Reduction Act and announce new steps to stand up his administration’s American Climate Corps – a program popular with youth climate groups.
EPA Deputy Administrator Janet McCabe told reporters the funding will enable nearly one million households in low-income and disadvantaged communities to benefit from solar power, savingmore than $350 million in electric costs annually and more than $8 billion over the life of the program for overburdened households.
1
Quote Originally Posted by fubah2:
President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under the Inflation Reduction Act and announce new steps to stand up his administration’s American Climate Corps – a program popular with youth climate groups.
EPA Deputy Administrator Janet McCabe told reporters the funding will enable nearly one million households in low-income and disadvantaged communities to benefit from solar power, savingmore than $350 million in electric costs annually and more than $8 billion over the life of the program for overburdened households.
Quote Originally Posted by fubah2: President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under the Inflation Reduction Act and announce new steps to stand up his administration’s American Climate Corps – a program popular with youth climate groups. EPA Deputy Administrator Janet McCabe told reporters the funding will enable nearly one million households in low-income and disadvantaged communities to benefit from solar power, saving more than $350 million in electric costs annually and more than $8 billion over the life of the program for overburdened households.
doesnt help all americans but it helps love to see progress
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under the Inflation Reduction Act and announce new steps to stand up his administration’s American Climate Corps – a program popular with youth climate groups. EPA Deputy Administrator Janet McCabe told reporters the funding will enable nearly one million households in low-income and disadvantaged communities to benefit from solar power, saving more than $350 million in electric costs annually and more than $8 billion over the life of the program for overburdened households.
doesnt help all americans but it helps love to see progress
President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under the Inflation Reduction Act and announce new steps to stand up his administration’s American Climate Corps – a program popular with youth climate groups.
happy earth day !!
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
1
Quote Originally Posted by fubah2:
President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under the Inflation Reduction Act and announce new steps to stand up his administration’s American Climate Corps – a program popular with youth climate groups.
Just absolute pathetic posting from disillusioned Dems from post 2012 through 2018! This in the face of our soldiers in Niger performing their assigned mission without water and meds under our illegitimate commander in chief! You can not possibly make this up on your best day! MAGA!
0
Just absolute pathetic posting from disillusioned Dems from post 2012 through 2018! This in the face of our soldiers in Niger performing their assigned mission without water and meds under our illegitimate commander in chief! You can not possibly make this up on your best day! MAGA!
Quote Originally Posted by fubah2: President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under the Inflation Reduction Act and announce new steps to stand up his administration’s American Climate Corps – a program popular with youth climate groups.
happy earth day !!
@KellyM_1964
Happy Earth Day back to you my friend!
1
Quote Originally Posted by KellyM_1964:
Quote Originally Posted by fubah2: President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under the Inflation Reduction Act and announce new steps to stand up his administration’s American Climate Corps – a program popular with youth climate groups.
Quote Originally Posted by fubah2: President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under the Inflation Reduction Act and announce new steps to stand up his administration’s American Climate Corps – a program popular with youth climate groups. EPA Deputy Administrator Janet McCabe told reporters the funding will enable nearly one million households in low-income and disadvantaged communities to benefit from solar power, saving more than $350 million in electric costs annually and more than $8 billion over the life of the program for overburdened households.
In the overall scheme of things it's only a small positive but it is positive savings and I hope we can see much more in the years to come
2
Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under the Inflation Reduction Act and announce new steps to stand up his administration’s American Climate Corps – a program popular with youth climate groups. EPA Deputy Administrator Janet McCabe told reporters the funding will enable nearly one million households in low-income and disadvantaged communities to benefit from solar power, saving more than $350 million in electric costs annually and more than $8 billion over the life of the program for overburdened households.
In the overall scheme of things it's only a small positive but it is positive savings and I hope we can see much more in the years to come
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under the Inflation Reduction Act and announce new steps to stand up his administration’s American Climate Corps – a program popular with youth climate groups. EPA Deputy Administrator Janet McCabe told reporters the funding will enable nearly one million households in low-income and disadvantaged communities to benefit from solar power, saving more than $350 million in electric costs annually and more than $8 billion over the life of the program for overburdened households
.In the overall scheme of things it's only a small positive but it is positive savings and I hope we can see much more in the years to come
also slight reduction in carbon footprint using solar for power
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
1
Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under the Inflation Reduction Act and announce new steps to stand up his administration’s American Climate Corps – a program popular with youth climate groups. EPA Deputy Administrator Janet McCabe told reporters the funding will enable nearly one million households in low-income and disadvantaged communities to benefit from solar power, saving more than $350 million in electric costs annually and more than $8 billion over the life of the program for overburdened households
.In the overall scheme of things it's only a small positive but it is positive savings and I hope we can see much more in the years to come
also slight reduction in carbon footprint using solar for power
New Biden rule could help 4 million white-collar workers
The Biden administration on Tuesday announced a new rule that would make millions of white-collar workers newly eligible for overtime pay.
Starting July 1, the rule would increase the threshold at which executive, administrative and professional employees are exempt from overtime pay to $43,888 from the current $35,568. That change would make an additional 1 million workers eligible to receive time-and-a-half wages for each hour they put in beyond a 40-hour week.
- USA TODAY
2
New Biden rule could help 4 million white-collar workers
The Biden administration on Tuesday announced a new rule that would make millions of white-collar workers newly eligible for overtime pay.
Starting July 1, the rule would increase the threshold at which executive, administrative and professional employees are exempt from overtime pay to $43,888 from the current $35,568. That change would make an additional 1 million workers eligible to receive time-and-a-half wages for each hour they put in beyond a 40-hour week.
New Biden rule could help 4 million white-collar workers The Biden administration on Tuesday announced a new rule that would make millions of white-collar workers newly eligible for overtime pay. Starting July 1, the rule would increase the threshold at which executive, administrative and professional employees are exempt from overtime pay to $43,888 from the current $35,568. That change would make an additional 1 million workers eligible to receive time-and-a-half wages for each hour they put in beyond a 40-hour week. - USA TODAY
im in favor even though it doesnt do a thing for me
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
1
Quote Originally Posted by Zeus4par:
New Biden rule could help 4 million white-collar workers The Biden administration on Tuesday announced a new rule that would make millions of white-collar workers newly eligible for overtime pay. Starting July 1, the rule would increase the threshold at which executive, administrative and professional employees are exempt from overtime pay to $43,888 from the current $35,568. That change would make an additional 1 million workers eligible to receive time-and-a-half wages for each hour they put in beyond a 40-hour week. - USA TODAY
im in favor even though it doesnt do a thing for me
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