![]() "We can't do that without affordable child care. "Here's the truth: CHIPS won't be successful unless we expand the labor force," Commerce Secretary Gina Raimondo tweeted. SPACE LAUNCH SCRUBBED MINUTES BEFORE EXPECTED LAUNCH President Joe Biden ran on a platform plank of expanding government funding for child care. The Commerce Department is set to announce the childcare requirement Tuesday as part of a broader set of conditions for subsidies from the CHIPS Act, which was passed last year on a bipartisan basis and included more than $50 billion for the domestic semiconductor industry. The Biden administration will require tech and chip manufacturers that receive subsidies via the CHIPS and Science Act to provide some form of child care, adding a new domestic policy restriction to funding meant to help the United States compete with China in an innovation war.
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