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ARTICLE · 23 JANUARY 2025

Senator Ernst's Directive On Chips Spending: Critical Insights For Fund Seekers

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Senator Joni Ernst (R-IA) has issued a mandate to the Biden Administration: stop the spending spree with the remaining dollars in the CHIPs for America Program.

United StatesGovernment, Public Sector
Michael Shaheen
Michael Shaheen
Preston L. Pugh
Preston L. Pugh

Senator Joni Ernst (R-IA) has issued a mandate to the Biden Administration: stop the spending spree with the remaining dollars in the CHIPs for America Program. Senator Ernst's missive is a direct response to Commerce Secretary Gina Raimondo's push to have every employee in the Department of Commerce work overtime to spend billions of dollars in CHIPs funding before President Biden leaves office—a push that has already resulted in almost as much spending since the November 5thelection as was spent in the preceding two years since the CHIPs Act was passed. Senator Ernst warned, the success of the CHIPs initiative "requires thoughtful planning and strategic spending, not binge buying shopping sprees by bureaucrats shoveling billions out the door before" Biden's term expires.

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