Wednesday, November 20, 2024

QUICK. SPEND ALL THE FUCKING MONEY BEFORE TRUMP CAN GET TO IT

By Bob Walsh


U.S. Secretary of Commerce Gina Raimondo speaks.

U.S. Secretary of Commerce Gina Raimondo 

 

Gina Raimondo is the Commerce Secretary for Joe Biden.  She has a message.  Spend every fucking dime she can before Trump comes into office.

Specifically in question is the $50 billion microchip production subsidy.  Joe is desperate to chisel his legacy into stone in this arena and wants to make as sure as possible that Trump can not reverse it.  Why Trump would WANT to do that is unclear.

It is apparently actually technically difficult to spend $50 billion in a hurry.  I admit that surprises me, but it seems to be true.  Her staff is working weekends to achieve this goa.

This money is part of the CHIPS Act  and the Science Act.

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