PCAST Releases Recommendations on Semiconductors R&D

Today, PCAST sent a letter to the President with recommendations for implementing the CHIPS and Science Act funds appropriated for research and development, including: forming a national microelectronics training network for semiconductor workforce development across academic institutions, including minority-serving institutions and community colleges; fostering innovation by reducing the barriers of entry to startups; recommending the…

FACT SHEET: President Biden Announces New Workforce Hubs to Train and Connect American Workers to Good Jobs Created by the President’s Investing in America Agenda

Today, President Biden will announce four new Workforce Hubs to ensure all Americans can access the good jobs created by the President’s Investing in America agenda, which includes the American Rescue Plan, the Bipartisan Infrastructure Law, the CHIPS and Science Act, and the Inflation Reduction Act. President Biden will make the announcement during his visit…

FACT SHEET: President Joseph R. Biden and General Secretary Nguyen Phu Trong Announce the U.S.-Vietnam Comprehensive Strategic Partnership

During a historic state visit to Hanoi, Vietnam, President Joseph R. Biden and General Secretary Nguyen Phu Trong elevated U.S.‐Vietnam relations to a Comprehensive Strategic Partnership, renewing the strength and dynamism of the U.S.‐Vietnam relationship as both countries work together to achieve our shared goals of peace, prosperity, and sustainable development. The unprecedented and momentous…

FACT SHEET: Biden-Harris Administration Highlights New Commitments Toward Equitable Workforce Development in Advanced Manufacturing

Today, the Biden-Harris Administration will announce new commitments to workforce development from the Advanced Manufacturing Workforce Sprint. The Sprint, which First Lady Jill Biden announced in May and the Administration kicked off in October, is an intensive drive to build a diverse, skilled pipeline of workers for good advanced manufacturing jobs, including union jobs, many…

PCAST Releases Report on Revitalizing the U.S. Semiconductor Ecosystem

President’s Council of Advisors recommends actions for maximizing $11 billion for semiconductor R&D in CHIPS and Science Act President Biden’s Council of Advisors on Science and Technology (PCAST) is recommending ten actions for securing the long-term health and competitiveness of the U.S. semiconductor ecosystem. Released today, a new report expands on the high-level recommendations that…

The Economics of Investing in America

The President took office determined to move beyond failed trickle-down policies and fundamentally change the economic direction of our country. His plan—Bidenomics—is rooted in the recognition that the best way to grow the economy is from the middle out and the bottom up. A core tenet of Bidenomics is making smart public investments in America.…

The Economics of Public Investment Crowding in Private Investment

Heather Boushey, Chief Economist, Investing in America Cabinet Introduction President Biden’s economic vision—Bidenomics—is centered around making smart public investments, empowering and educating workers, and promoting fair competition to lower costs and help small businesses thrive. As described in a recent report on the economic case for the first pillar of Bidenomics, Investing in America, this…

FACT SHEET: Biden-Harris Administration Launches Workforce Hub in Columbus, Ohio and Announces New Commitments to Help More Workers Access Good Jobs

Intel and Columbus State Community College to launch new certificate program for semiconductor technician roles Today, First Lady Jill Biden will join leaders in Columbus, Ohio as the city holds a kickoff for its Workforce Hub and announces plans to ensure students and workers have access to good-paying jobs created by President Biden’s Investing in…

FACT SHEET: President Biden Announces New Actions to Strengthen America’s Supply Chains, Lower Costs for Families, and Secure Key Sectors

During the inaugural convening of the new White House Council on Supply Chain Resilience, President Biden will unveil more than 30 new actions to strengthen America’s supply chains As part of his Bidenomics agenda to lower costs for American families, President Biden is announcing nearly 30 new actions to strengthen supply chains critical to America’s…

FACT SHEET: Biden-Harris Administration Announces 31 Regional Tech Hubs to Spur American Innovation, Strengthen Manufacturing, and Create Good-Paying Jobs in Every Region of the Country

Bidenomics and the President’s Investing in America Agenda are Positioning Regions Across the Country to Lead the Industries of the Future Today, President Biden and Secretary of Commerce Gina Raimondo will announce the designation of 31 communities across the country as Regional Innovation and Technology Hubs (Tech Hubs) through the Department of Commerce Economic Development…

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