The government moved $3.5 billion from a plan to help make more computer chips in the country to a secret defense project called Secure Enclave worrying some people about how it might affect the original plan to grow the economy.
Government Shifts $3.5 Billion from Chip-Making Plan to Secret Defense Project
According to the published article in Politico, the government quietly moved $3.5 billion from a plan to help make computer chips in America to a secret defense project. President Biden‘s idea was to grow our technology industry and make more jobs. Instead, the money went to a defense project called Secure Enclave which helps the military and spies.
This defense project decision upset many lawmakers and experts. They worry it might hurt the original plan to make more computer chips in the U.S. They think it could give too much help to big companies like Intel instead of helping everyone. It also means some projects like research on new chips got canceled because there’s no money now.
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$3.5 Billion Diversion Sparks Controversy: Biden’s CHIPS Act Funds Redirected to Classified Pentagon Defense Project – Check It Out! (PHOTO: Politico)
Critics Raise Fairness Concerns as Government Redirects Funds to National Security Defense Project
Furthermore, even though the government says it’s for national security critics say it’s not fair. They say it’s important to make sure money is spent right and helps everyone not just a few big companies. This defense project shows how hard it is for the government to decide where to spend money and how it affects different parts of the country.
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