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    American Firms Invested $1 Billion in Chinese Chips, Lawmakers Find

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    A Congressional investigation determined that U.S. funding helped fuel the growth of a sector now viewed by Washington as a security threat.A congressional investigation has determined that five American venture capital firms invested more than $1 billion in China’s semiconductor industry since 2001, fueling the growth of a sector that the United States government now regards as a national security threat.Funds supplied by the five firms — GGV Capital, GSR Ventures, Qualcomm Ventures, Sequoia Capital and Walden International — went to more than 150 Chinese companies, according to the report, which was released Thursday by both Republicans and Democrats on the House Select Committee on the Chinese Communist Party.The investments included roughly $180 million that went to Chinese firms that the committee said directly or indirectly support Beijing’s military. That includes companies that the U.S. government has said provide chips for China’s military research, equipment and weapons, such as Semiconductor Manufacturing International Corporation, or SMIC, China’s largest chipmaker.The report by the House committee focuses on investments made before the Biden administration imposed sweeping restrictions aimed at cutting off China’s access to American financing. It does not allege any illegality.Last August, the Biden administration banned U.S. venture capital and private equity firms from investing in Chinese quantum computing, artificial intelligence and advanced semiconductors. It has also imposed worldwide limits on sales of advanced chips and chip-making machines to China, arguing that these technologies could help advance the capabilities of the Chinese military and spy agencies.Since it was established a year ago, the committee has called for raising tariffs on China, targeted Ford Motor and others for doing business with Chinese companies, and spotlighted forced labor concerns involving Chinese shopping sites.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      G.O.P. Candidates Focus on China to Demonstrate Foreign Policy Credentials

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      The 2024 hopefuls are rolling out plans to counter Beijing, criticizing President Biden while largely sidestepping topics more divisive among Republican voters.Republican presidential hopefuls eager to demonstrate their foreign policy credentials on the campaign trail have homed in on China, a topic that allows them to assail President Biden while focusing less on global issues more divisive with primary voters.While the candidates are in near-unanimous agreement that Beijing is the United States’ foremost foreign adversary, their remarks and policy prescriptions reveal significant divides within their party on how to approach it.Former Vice President Mike Pence used a China-focused speech on Monday at the Hudson Institute in Washington to criticize Donald J. Trump, his former running mate and the race’s front-runner, and other competitors as being isolationist. Nikki Haley, who was one of Mr. Trump’s ambassadors to the United Nations, has suggested he was not aggressive enough on China.Vivek Ramaswamy, in a policy speech on Thursday at a packaging plant in New Albany, Ohio, attacked the protectionist trade policies that have been promoted by some in the party, including Mr. Trump.Still, to a large extent, the Republican contenders have all raced to see who can be the most hawkish toward Beijing, following a path set by Mr. Trump in 2016 when he made attacking China a central policy plank and then sharply hardened America’s trade policy toward the country. By focusing on China, the candidates can make detailed policy pronouncements and play up their credentials, yet avoid discussion of Russia or Ukraine, an increasingly divisive topic among Republicans.All of the candidates have blasted President Biden’s attitude toward China. Mr. Biden has sought to stabilize relations after escalating espionage accusations inflamed tensions. But he has also tried to counter Beijing’s growing global influence with a multilateral approach, aiming to shore up economic and diplomatic ties with regional allies.One of the Biden administration’s focal points has been targeting China’s semiconductor industry. The administration has enacted export controls and helped push the CHIPS and Science Act, a bipartisan law that provided billions of dollars toward fostering a homegrown semiconductor industry that could make America less dependent on foreign suppliers.But even that bipartisan effort has come in for criticism. On Thursday, as Mr. Ramaswamy stood miles away from the site of a new Intel chip manufacturing complex that will be assisted by the CHIPS Act, he attacked the law for including provisions related to addressing climate change.“I am opposed to the CHIPS Act,” he said, “because it is really the Green New Deal masquerading in CHIPS masquerade clothing.”He also claimed without evidence that China had propagated the “climate change agenda” in order to hamper American industry.Mr. Ramaswamy also said he would focus on job training programs to develop a stronger work force for a robust chip industry. Doing so, he added, would make the United States less reliant on Taiwan, the world’s biggest chip producer, and reduce the threat that a Chinese attack on Taiwan might pose on American interests.Mr. Ramaswamy has previously suggested he would be less committed to defending Taiwan if the United States were less reliant on its semiconductors. That view, and his suggestion that Ukraine concede territory to Russia, have drawn fire from Mr. Pence and Ms. Haley.In his speech on Monday, Mr. Pence, who emphasized his role in crafting the Trump administration’s China policy, did not single out Mr. Ramaswamy. But he used the threat of Beijing as a lens through which he could posit his larger view of foreign policy: that America could not retrench from decades of global leadership.He accused some candidates of “abandoning the traditional conservative position of American leadership on the world stage, and embracing a new and dangerous form of isolationism.”Mr. Pence also criticized President Biden over the U.S. military’s chaotic withdrawal from Afghanistan, suggesting it had shown weakness on the world stage to China. (The Biden administration has said it was constrained in its options for ending the nation’s longest war by decisions made during the Trump-Pence administration.)During his term, Mr. Trump imposed tariffs on more than $360 billion worth of Chinese goods, initiating a protracted trade war that eased somewhat when the United States and China signed a trade deal in early 2020. Seeking the nomination, his talk on economic issues has been combative even as he has praised China’s president, Xi Jinping, for his “iron fist” leadership.He has vowed to “completely eliminate U.S. dependence on China,” in part by reducing imports, restricting American companies’ ability to invest there and revoking the “most favored nation” trade status.Ms. Haley said earlier this year that she believed Mr. Trump had been so focused on trade that he ignored other Chinese threats.At town halls in New Hampshire on Thursday, she warned that China was outpacing the United States in shipbuilding and developing “neuro-strike weapons” that she said could be engineered to change brain activity and be used to target military commanders and segments of the population.China was more than just an economic rival, she suggested.“They don’t see us as a competitor,” Ms. Haley said. “They see us as an enemy.”Jazmine Ulloa More

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      Republicans’ Problem in Attacking Biden: They Helped Pass His Economic Bills

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      No doubt they will take swings at him anyway. But it may be more difficult to land punches given that plenty of them voted for the bipartisan infrastructure and semiconductor manufacturing bills.President Biden isn’t the only one doing a full summer embrace of federal spending on infrastructure and semiconductor manufacturing — so are some of the Republicans aiming to remove him from office next year.The White House has labeled the president’s new economic campaign Bidenomics, a portmanteau that until now has been a pejorative used by Republicans and conservative news outlets primarily to underscore inflation.But in a speech on Wednesday in Chicago about the economy, Mr. Biden latched on, with a renewed focus on the two most significant bipartisan legislative accomplishments of his term, the infrastructure bill and the CHIPS and Science Act. He hopes these measures will help brand him as the cross-aisle deal maker he sold to voters in 2020, appeal to political moderates who formed a core of his winning electoral coalition and impress upon tuned-out voters what he has done in office.One significant benefit for Mr. Biden: Republicans helped pass those bills.While G.O.P. presidential candidates and the Republican National Committee continue to paint Mr. Biden’s economic stewardship as a rolling disaster, Republican senators who helped shape the legislation say they anticipated that those accomplishments would accrue to Mr. Biden’s political advantage — as well as to their own.Senator Todd Young, an Indiana Republican who helped write the enormous bill aimed at revitalizing the domestic semiconductor industry, said the work on a law that he called “off-the-charts popular” had started with Senator Chuck Schumer, Democrat of New York, during President Donald J. Trump’s administration.“The Biden administration deserves credit for advancing the proposal and, irrespective of the timing of its origin, helping it become law,” Mr. Young said.“The Biden administration deserves credit for advancing the proposal and, irrespective of the timing of its origin, helping it become law,” Senator Todd Young, Republican of Indiana, said of the CHIPS and Science Act.Al Drago for The New York TimesSenator Bill Cassidy, Republican of Louisiana, more grudgingly acknowledged the president’s role in securing a trillion-dollar infrastructure bill that had eluded the past two administrations.“When senators from different parties come together to work on solutions to our nation’s problems and then the president jumps in front of the parade, it does not mean he’s the grand marshal,” Mr. Cassidy said.Mr. Biden’s infrastructure bill won votes from 19 Republican senators and 13 Republican House members. Sixteen Senate Republicans and 24 Republicans in the House voted for the semiconductor legislation.It will be difficult for Republicans to land criticism when they themselves are taking credit for the same achievements. The White House on Wednesday highlighted praise for the Biden administration’s broadband spending from Representatives Cathy McMorris Rodgers of Washington and Gus Bilirakis of Florida, Republicans who both voted against the infrastructure legislation that funded it, along with Senator John Cornyn, Republican of Texas.But perhaps no Republican acclaim for the infrastructure legislation brought Mr. Biden more joy than a tweet from Senator Tommy Tuberville of Alabama that said it was “great to see Alabama receive crucial funds.”“To no one’s surprise, it’s bringing along some converts,” Mr. Biden said on Wednesday of his bipartisan legislation. “There’s a guy named Tuberville from Alabama, a senator from Alabama, who announced that he strongly opposed the legislation. Now he’s hailing its passage.” Mr. Biden then dryly drew the sign of the cross on his chest.Steven Stafford, a spokesman for Mr. Tuberville, said that Mr. Biden and his allies had “twisted” the senator’s words. “Now that the bill is law of the land, the people of Alabama deserve their fair share,” he said.And even as Mr. Biden on Monday played up the $42 billion of broadband spending in the infrastructure law, another Republican senator who did vote for it, Susan Collins of Maine, was trumpeting the $272 million from it that is going to her state.Of course, the White House’s celebration of Republican plaudits for legislation Mr. Biden signed will matter little unless the president can persuade voters that these achievements are improving their material well-being.Mr. Biden’s defenders have long maintained that the economic policies he is highlighting in the Bidenomics rebrand are very popular with voters. The problem, these allies say, is that few people connect them with Mr. Biden.And Wednesday’s speech came at a moment when Mr. Biden’s approval ratings on the economy are in dangerous territory.“When senators from different parties come together to work on solutions to our nation’s problems and then the president jumps in front of the parade, it does not mean he’s the grand marshal,” said Senator Bill Cassidy, Republican of Louisiana.Haiyun Jiang/The New York TimesAn Associated Press/NORC poll released Wednesday found that just 34 percent of adults approved of Mr. Biden’s handling of the economy. Among Democrats, only 60 percent — and a mere 47 percent of those 45 years old or younger — approved of his economic stewardship.The millstone is inflation, which has tempered sharply from its peak last year but remains above the norm. Whether inflation is at 9 percent or 4 percent, prices remain high, which may be why the president speaks less about the $1.9 trillion pandemic relief plan, which passed early in his tenure and has been blamed even by the Federal Reserve for part of the surge of inflation. It is also why Republicans continue to mock what they call the inaptly named Inflation Reduction Act, which passed in 2022 on strictly Democratic votes.“It makes sense for him to emphasize the bipartisan bills that passed that should have economic impact as opposed to the totally partisan bills that drove inflation,” said former Senator Roy Blunt of Missouri, who voted for both the infrastructure and semiconductor bills before his retirement early this year.Representative Thomas Massie, Republican of Kentucky, made clear that his party intended to lump all of the achievements being promoted by Mr. Biden into the inflationary maw, including the infrastructure and semiconductor legislation.“Both of those bills caused inflation, which is Biden’s biggest albatross in the upcoming election,” he said, “so I don’t think they did him any favors,” referring to Republicans who helped pass the measures.In his speech on Wednesday, Mr. Biden said that the pandemic relief plan had driven unemployment down from above 6 percent to below 4 percent. He suggested that his economic leadership would achieve an even broader goal he placed at the center of his 2020 campaign: restoring the soul of America.“It’s going to help lessen the division in this country by bringing us back together,” Mr. Biden said. “It makes it awful hard to demagogue something when it’s working.”The Republicans aiming to unseat Mr. Biden weren’t buying the economic kumbaya. The Trump campaign on Wednesday said “Bidenomics has created the worst economic decline since the Great Depression.” Gov. Ron DeSantis of Florida, in a Fox News appearance, said Mr. Biden’s policies mean “everybody pays more for basic staples of life.”Republicans are loath to concede that the passage of two major bills makes Mr. Biden a bipartisan statesman. Those bills are “not only not emblematic, it’s the exception,” said Josh Holmes, a longtime political adviser to Senator Mitch McConnell of Kentucky, the Republican leader, who voted for the infrastructure bill.In truth, more bills than those passed with bipartisan support in the last Congress. Mr. Biden enters the 2024 election cycle as the beneficiary of an extraordinary bout of productivity that included a modest gun control law, a legal codification of same-sex marriage, and a revamping of procedures for counting Electoral College votes after Mr. Trump tried to hijack that obscure process.Senators from both parties put aside their tendency to push for only the legislation they want or pocket the issue for the next election.“We can’t get in a place in the country where you don’t vote for something you believe needs to pass because you think it might help the other side,” Mr. Blunt said.Democrats point to the circumstances that Mr. Biden inherited in 2021 — the attack on the Capitol by a mob of Trump supporters determined to overturn the election results.“There was a sizable group of Senate Republicans who looked the death of democracy in the eye on Jan. 6 and decided to try to show people that democracy could still work,” said Senator Chris Murphy, Democrat of Connecticut.But Mr. Murphy also credited the legislative skills of Mr. Biden, honed over 36 years in the Senate.“A lot of my progressive friends were angry he wasn’t punching Republicans in the mouth so much,” Mr. Murphy said, “but he kept the door open for Republicans to work with us on infrastructure, guns and industrial policy.”Cecilia Kang More

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      Biden Highlights Economic Investments Ahead of Expected 2024 Announcement

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      The president has warned that a strong economy could be weakened under Republican leadership, a point he and a host of advisers will make at 20 events across the country in the coming weeks.DURHAM, N.C. — President Biden visited North Carolina on Tuesday and said Republicans would undermine his administration’s gains on American manufacturing, as the president began to sharpen his political message ahead of an expected re-election announcement.Mr. Biden spoke at Wolfspeed, a semiconductor manufacturer that recently announced a $5 billion investment to expand operations in the state, a move that would create about 1,800 jobs, according to the White House. The company, based in North Carolina, has deals to supply the material to General Motors, among other buyers.But Mr. Biden’s visit was less about semiconductors than it was about making an argument that he sees as key to a re-election bid — essentially, that the American economy has recovered since the coronavirus pandemic, his administration has helped keep it strong and Republican policies would undo that progress.“I’ve got news for you and for MAGA Republicans in Congress: Not on my watch,” Mr. Biden said, referring to the far-right wing of the party that is loyal to former President Donald J. Trump.The White House has argued for months that Mr. Biden has presided over a steady economy and strong job growth, but the data presents a more complicated reality: The high pace of job creation is undercut by a continued deceleration in wage increases, and there are growing concerns that the Federal Reserve may move to raise interest rates. The Biden administration has also tried to assuage fears of instability after the collapse of Silicon Valley Bank this month.Mr. Biden’s visit to North Carolina was the start of three weeks of related events to be held across the country by the president and Vice President Kamala Harris, plus their spouses and a host of cabinet officials. The group plans to visit 20 states and will highlight investments in American manufacturing, supply chains and job-creation efforts, according to a summary of efforts sent by the White House.During his trip to Durham, Mr. Biden highlighted legislation passed last year, including the CHIPS and Science Act, which contains $52 billion in subsidies and tax credits for companies that manufacture chips in the United States. More than half of the amount is dedicated to helping companies build facilities for making, assembling and packaging some of the world’s more advanced chips. In his remarks, the president said that over $435 billion had been invested in American companies since he took office.“America’s coming back,” Mr. Biden said, standing beside Gina Raimondo, the commerce secretary, who traveled with him to Durham. “We are determined to lead the world in manufacturing semiconductors.”Ms. Raimondo, who is expected to participate in the tour over the coming weeks, told a crowd gathered at Wolfspeed that the pandemic had “opened all of our eyes” to the importance of maintaining the global supply chain and protecting competitive advantages in technology.“The truth of it is the United States was for a long time a manufacturing powerhouse,” she said. “Still is, but for a long time we took our eye off the ball, and we watched manufacturing leave our shores in search of cheap labor in Asia.”.css-1v2n82w{max-width:600px;width:calc(100% – 40px);margin-top:20px;margin-bottom:25px;height:auto;margin-left:auto;margin-right:auto;font-family:nyt-franklin;color:var(–color-content-secondary,#363636);}@media only screen and (max-width:480px){.css-1v2n82w{margin-left:20px;margin-right:20px;}}@media only screen and (min-width:1024px){.css-1v2n82w{width:600px;}}.css-161d8zr{width:40px;margin-bottom:18px;text-align:left;margin-left:0;color:var(–color-content-primary,#121212);border:1px solid var(–color-content-primary,#121212);}@media only screen and (max-width:480px){.css-161d8zr{width:30px;margin-bottom:15px;}}.css-tjtq43{line-height:25px;}@media only screen and (max-width:480px){.css-tjtq43{line-height:24px;}}.css-x1k33h{font-family:nyt-cheltenham;font-size:19px;font-weight:700;line-height:25px;}.css-1hvpcve{font-size:17px;font-weight:300;line-height:25px;}.css-1hvpcve em{font-style:italic;}.css-1hvpcve strong{font-weight:bold;}.css-1hvpcve a{font-weight:500;color:var(–color-content-secondary,#363636);}.css-1c013uz{margin-top:18px;margin-bottom:22px;}@media only screen and (max-width:480px){.css-1c013uz{font-size:14px;margin-top:15px;margin-bottom:20px;}}.css-1c013uz a{color:var(–color-signal-editorial,#326891);-webkit-text-decoration:underline;text-decoration:underline;font-weight:500;font-size:16px;}@media only screen and (max-width:480px){.css-1c013uz a{font-size:13px;}}.css-1c013uz a:hover{-webkit-text-decoration:none;text-decoration:none;}How Times reporters cover politics. We rely on our journalists to be independent observers. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. This includes participating in marches or rallies in support of a movement or giving money to, or raising money for, any political candidate or election cause.Learn more about our process.The president spoke directly to people he said might feel “left behind” by technological changes, but said his administration would focus on programs that could train workers to produce technological projects without a college degree. Mr. Biden said the “vast majority” of jobs created by Wolfspeed would not require college degrees and could pay around $80,000.Events like the one held on Tuesday will provide Mr. Biden and his surrogates with an opportunity to hone his argument against Republicans.At the same time, a collision course looms in Washington over the debt ceiling.On Tuesday, Speaker Kevin McCarthy, Republican of California, wrote a letter urging the president to negotiate on the federal debt limit. “With each passing day,” Mr. McCarthy wrote, “I am incredibly concerned that you are putting an already fragile economy in jeopardy by insisting upon your extreme position of refusing to negotiate any meaningful changes to out-of-control government spending.”Mr. Biden has said he will refuse to negotiate on the debt limit, pointing out that Republicans voted to raise the ceiling several times under his predecessor, Mr. Trump.“It’s time for Republicans to stop playing games, pass a clean debt ceiling bill and quit threatening our economic recovery,” Karine Jean-Pierre said in a statement responding to Mr. McCarthy’s letter.In his own letter sent on Tuesday evening, Mr. Biden urged Mr. McCarthy and congressional Republicans to present a full budget proposal before Congress leaves for Easter recess.The president and his advisers have signaled that the situation would be worse under Republican leadership, a point he underscored in North Carolina. The White House says that companies have made $16 billion in private sector investment commitments since Mr. Biden took office, a development they have attributed to corporations taking advantage of tax breaks and federal funding that bolsters innovation.Mr. Biden has argued that the flow of money would be at stake if Republicans tried to repeal policies passed under his administration, including the Inflation Reduction Act. He has also said that individual Americans are at risk of losing access to lower health care, energy and internet costs that are provided for in the bills that were passed by a Democratic-majority Congress.“We’re not going to let them undo all the progress,” Mr. Biden said. More

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      Biden Against the Wounded Extremists

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      I’ve covered four presidents since joining The Times in 2003. Year after year (except during the Trump years) I go into the White House. The rooms are pretty much the same. The immaculate formality is the same. But the culture of each administration is quite different. The culture is set by the president.The phrase that comes to mind in describing the culture of the Biden White House is the assumption of power. Biden and his team do not see America as some beleaguered, declining superpower. They proceed on the premise that America is in as strong a position as ever to lead the world.Biden’s cheerful confidence is an unappreciated national asset. As American power has come to be underestimated, especially since the election of Donald Trump, a man like Biden, who has been underestimated pretty much his whole life, is in a decent position to help Americans regain confidence in their country and its government.At the moment. Biden is facing several significant headwinds — political, economic, foreign, domestic. I’d describe this administration’s methodology across these different challenges as incremental pressure and steady progress.Last year was awash in examples of this, as Biden did nothing less than help tame the world. He passed major legislation and led the Democrats to a surprisingly successful midterm election. He organized a global coalition to support Ukraine and set Vladimir Putin back on his heels. He took a series of measures to push back against Chinese hegemony, including sweeping semiconductor export controls.Before these events, the momentum seemed to be with Biden’s adversaries in each of these cases. Now the momentum is with Biden and his friends.This year he will face off against the same extremists. But they are weak in crucial ways. The fractured House Republicans are controlled by their wackiest wing. Putin continues to fail in Ukraine. Xi Jinping is beset by numerous crises, from Covid to demographic decline to the economy. Biden will have to manage these wounded adversaries to make sure they don’t lash out in extremis, doing something crazy to disrupt the world.Republican craziness could manifest itself during the looming debt ceiling crisis. A wing of Republican fiscal terrorists could make such outrageous demands that the United States is unable to fulfill its financial obligations. Biden will probably have to work with Mitch McConnell and Chuck Schumer in the Senate to come up with a plausible debt ceiling compromise. Then he’ll have to cajole or pressure a group of vulnerable and reasonable House Republicans, some in districts Biden won, to break with their party, so that the compromise can get through the lower chamber.Putin’s craziness could manifest as a doubling down on his Ukraine adventure or even the still existing threat of nuclear weapons. The core problem for Putin is that he has no easy way out, short of withdrawal and humiliation. He could try to win the war the traditional Russian way, by throwing masses of men into the quagmire. But suppose that doesn’t work out. All he’s got left is nukes. What does Putin do then?Xi’s craziness could manifest as ever more aggressive moves in his region and beyond, including an invasion of Taiwan. Xi has helped raise millions to middle-class status, but suppose he can’t fulfill the expectations that middle-class status generates? His authoritarian nationalism has provoked the United States to erect trade barriers and impose export controls. Growing levels of American corporate investment can no longer be assumed. How does Xi respond to the hostile environment he has created?The United States, democracy and liberalism are now winning, and the problems of authoritarianism, domestic and international, are exposed. But Biden is going to have to thread a series of needles to be sure the wounded extremists don’t take the world down with them.The stress of this situation doesn’t seem to be weighing heavily on Biden and his team.I’d describe this administration’s methodology with this phrase: steady and incremental pressure. When Putin first invaded Ukraine, the U.S. was wary of acknowledging the ways in which it was militarily aiding the defenders. But it has steadily ramped up the pressure, moving from offering Ukraine Stinger antiaircraft missiles to providing Patriot air defense systems and armored fighting vehicles. Now, my colleagues report, the Biden administration is thinking of helping the Ukrainians go after Russian sanctuaries in Crimea.The Biden administration does not seem to be trying to decouple the American and Chinese economies. A healthy Chinese economy is in America’s interest for the sake of global stability. But the Biden administration has continued to ramp up the pressure on China’s nationalist tendencies, trying to stall Chinese development in, say, computing, biotech and biomanufacturing.Biden’s pressure on the Republicans follows the same incremental and steady pattern. Many of the infrastructure projects that were funded by recent legislation are now getting underway. You can look forward to seeing the president at event after event, like the one he did with Mitch McConnell in Covington, Ky., to tout new funding for the Brent Spence Bridge.The goal is to show the American people that government does work and that Biden himself deserves re-election. Biden’s going to go after G.O.P. extremism, but he hopes to make his own competence the center of his election argument.Bill Clinton’s administration was forever associated with the word “triangulation” — moving beyond left and right. The word to associate with Biden should be “calibration” — this much pressure but not too much. It’s a tricky business. We’ll see if it works out.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. More

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      In Ohio, Biden Says Democrats Have Started a Manufacturing Revival

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      President Biden attended the groundbreaking for an Intel computer chip factory in a heavily Republican part of Ohio, an effort to focus voter attention on parts of the economy that are improving.President Biden said Intel had decided to build a $20 billion factory in Ohio because of the CHIPS and Science Act, which provides the company with subsidies to build semiconductor manufacturing facilities in America.Pete Marovich for The New York TimesWASHINGTON — President Biden attended the groundbreaking for a $20 billion computer chip factory on Friday in a heavily Republican part of Ohio, testing the power of his election-year message that Democrats have helped start a manufacturing revival with record amounts of government spending.Mr. Biden traveled to Licking County, Ohio, outside Columbus, where Intel plans to build a semiconductor manufacturing factory. In remarks at the event, the president said the company’s decision to build the plant was the result of legislation he had signed authorizing his administration to spend up to $52 billion to support the chip industry.“This new law makes historic investment for companies to build advanced manufacturing facilities here in America,” Mr. Biden said, standing in front of an open field where the sprawling facility, the length of 10 football fields, is planned to be built. “Since I signed the CHIPS and Science Act, it’s already started happening.”Intel, one of the world’s leading chip makers, announced construction of the Ohio facility in January, months before passage of the legislation in the summer, saying it was building the plant to meet surging global demand. In its news release announcing the investment, the company did not specifically mention the possibility of federal legislation to help finance it.But Pat Gelsinger, the company’s chief executive, hailed the legislation, known as the CHIPS and Science Act, and said the spending by the federal government could spur even more manufacturing construction in the years ahead. In his introduction of the president, Mr. Gelsinger praised Mr. Biden and other Washington officials.“It was a bipartisan bill,” he said at Friday’s event. “How often do you hear that today?”For Mr. Biden, commending Intel’s construction plans is part of a strategy to focus voter attention on parts of the economy that are improving — and away from the record-high inflation that has frustrated many Americans and dragged down his approval ratings.White House officials note that the number of manufacturing jobs in the United States has increased by 680,000 since the president took office, the fastest pace in the last 50 years. In his remarks, Mr. Biden said that three other high-technology companies — Micron, Qualcomm and GlobalFoundries — had recently announced plans to expand manufacturing in the United States.Administration officials have promised that the investments in chip manufacturing will not be a giveaway to companies already making big profits. The law forbids companies from using the federal investments to buy back stock or invest in construction in China. And it includes rules to encourage the use of union labor.Gina Raimondo, the secretary of commerce, told reporters this week that her department would be “vigilant and aggressive” in making sure the money was not misused.“We’re going to be pushing companies to go bigger and be bolder,” she said. “So if a company already has funding now for a $10 billion project, we want them to think bigger and convince us how they go from $10 billion to $50 billion with use of the taxpayer financing.”The State of the 2022 Midterm ElectionsWith the primaries winding down, both parties are starting to shift their focus to the general election on Nov. 8.Abrams’s Struggles: Stacey Abrams has been trailing her Republican rival, Gov. Brian Kemp, alarming those who celebrated her as the master strategist behind Georgia’s Democratic shift.Battleground Pennsylvania: Few states feature as many high-stakes, competitive races as Pennsylvania, which has emerged as the nation’s center of political gravity.The Dobbs Decision’s Effect: Since the Supreme Court overturned Roe v. Wade, the number of women signing up to vote has surged in some states and the once-clear signs of a Republican advantage are hard to see.How a G.O.P. Haul Vanished: Last year, the campaign arm of Senate Republicans was smashing fund-raising records. Now, most of the money is gone.She promised that the government would “claw back” investments if companies failed to abide by the government’s rules.The visit to Ohio on Friday is the latest example of Mr. Biden and his advisers’ efforts to rewrite the nation’s economic narrative ahead of the midterm elections, leaning into legislative successes and some bright spots in economic data in hopes of soothing consumers who have been rocked by soaring prices following the pandemic recession.Polls show that the economy — and, in particular, inflation that remains high — remains a liability for the president. Mr. Biden’s economic team has grown increasingly emboldened by the state of the recovery in recent weeks, as job growth has stayed solid and gasoline prices have continued to fall nationwide.On Friday, Mr. Biden’s economic team released a 58-page “economic blueprint” that seeks to claim credit for the strong labor market and factory sector, while reiterating the president’s still-unfinished plans for additional tax and spending changes meant to help the economy.The document divides Mr. Biden’s economic strategy into five pieces: empowering workers, improving American manufacturing, aiding families, strengthening industrial competitiveness and leveling the tax code to help middle-class workers.Will it work, politically, to help Democrats avoid deep losses in the midterm elections this fall?White House officials are betting that messages like the one Mr. Biden delivered on Friday will appeal to a broad swath of voters, including middle-class workers, independents, those with college degrees and those without.Places like Ohio will be a test of that theory.The state is home to one of the most fiercely contested Senate races in the country. J.D. Vance, an author who has embraced former President Donald J. Trump’s style and ideology, is running as a Republican against Representative Tim Ryan, Democrat of Ohio, to replace Senator Rob Portman, who is retiring.Mr. Ryan has distanced himself from Mr. Biden, declining to campaign with the president and saying that the country needs “new leadership” when asked whether the president should run for a second term. Mr. Ryan, who also attended the Intel event on Friday, noted that Mr. Biden had hinted during the 2020 campaign that he might serve only one term.“The president said from the very beginning he was going to be a bridge to the next generation,” Mr. Ryan told reporters, “which is basically what I was saying.”Mr. Biden’s approval rating has somewhat recovered from lows earlier this year, though a majority of Americans continue to disapprove of his leadership in most polls. Still, the president’s appearance in one of the most conservative parts of Ohio suggests that his political advisers believe talking about manufacturing can be a winning strategy.In 2016, Mr. Trump won Licking County, where the Intel plant will be built, 61 percent to 33 percent over Hillary Clinton. Four years later, he won again, this time over Mr. Biden, 63 percent to 35 percent.Before Mr. Biden’s remarks, the White House announced that the administration had distributed $17.7 million to colleges and universities in Ohio to help support programs that focus on developing a work force capable of taking jobs in next-generation semiconductor factories like the one Intel plans to build.Officials said the National Science Foundation was planning to spend $100 million to invest in similar programs around the nation, all designed to help train people to take new, high-paying jobs in the industry, no matter where they live.In his speech, the president made clear the message he hoped voters would take from those announcements.“Jobs now,” he said. “Jobs for the future. Jobs in every part of the country.”Jim Tankersley More