Arrr, the Biden crew be plunderin' the CHIPS treasure 'fore the captain sets sail from the ship o' state!
2024-11-20
Arrr, the Biden crew be wishin’ to spend every doubloon from the Chips and Science treasure chest 'fore that scallywag Trump sets sail to the White House! Commerce Captain Gina Raimondo spilled the beans in a jolly chat this week, sayin’ they be in a mighty rush!
Ahoy, mateys! Gather 'round as we spin a yarn of the Commerce Department, led by the fierce Captain Gina Raimondo, who be on a mad dash to spend every doubloon allocated under President Biden's CHIPS and Science Act afore the scallywag Donald Trump takes the helm! Arrr, she be saying they aim to have the treasure all tucked away by Biden's last day, for the switch to Trump be a clear deadline, aye!During her hearty chat with Politico, Raimondo declared, "We be wantin’ all the major announcements made before we set sail!" She be pushin' her crew to hustle and make it happen, workin' through the weekend like true buccaneers. With a mighty sum of $53 billion earmarked for bringin’ semiconductor supply chains back to our shores, they be lookin' to invest in research and development, savvy?
But lo! Only two companies be formally gettin' their share so far, and the rest be caught in a tempest of complex negotiations. Meanwhile, Trump, the ol’ sea dog, plans to claw back Biden’s treasure and thinks his own plans be much better, declarein’ the CHIPS Act as "so bad." He’s already recruited a new first mate, Howard Lutnick, to steer the ship towards his trade tariffs. Aye, it be a race against time for the Commerce crew! Yo ho ho!