CHIPS Act funding comes with conditions in the fine print
Government funding from the CHIPS and Science Act, signed into law by President Biden last year, will come with a number of conditions for companies that receive a portion of the money. We look at some of the stipulations, such as employer-provided childcare and potential profit sharing with the government. Manufacturers spent more money on computers and other equipment, a sign that demand is growing as companies try to deal with persistent labor shortages. And, a look at a project in Georgia that's using genetically-modified trees to pull carbon dioxide from the atmosphere.
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Music from the episode
Loretta Ginger Root
The team
David Brancaccio
Host
Leanna Byrne
Host, BBC
Meredith Garretson Morbey
Senior Producer
Erika Soderstrom
Producer
Alex Schroeder
Producer
Ariana Rosas
Producer
Jarrett Dang
Digital Producer (gone fishing)
Jesson Duller
Media Producer
Nick Esposito
Media Producer
James Graham
Producer, BBC
Jo Critcher
Producer, BBC
Olie D'Albertanson
Producer, BBC