If there’s something that Elizabeth Warren, Bernie Sanders, and I all agree on, it’s that your tax dollars shouldn’t pay for a corporate CEO’s next holiday bonus.
Bear with me, folks – I’ll get into the weeds on this more in just a moment, but first, can I ask you to pitch in $25 to fuel this fight?
Last year, I was proud to help pass the landmark CHIPS and Science Act, which provided $52 billion in subsidies to revitalize domestic tech manufacturing.
It’s one of the most important pieces of legislation in recent memory, allowing us to strengthen our economic competitiveness, invest in research and development, and protect American national security.
But Congress’ job doesn’t end when the bill lands on the president’s desk. We have a duty to ensure that our laws are implemented with care – and don’t leave taxpayers to foot an unexpected bill.
Here’s the issue: The largest American semiconductor companies have spent hundreds of billions on stock buybacks in the last decade.
But now that they’re applying for CHIPS subsidies, we need to guarantee that taxpayer money is invested in new facilities, research, and workers – not corporate stock buybacks.
So we’re doing something about it. I’ve led the charge for strong guardrails on CHIPS funding since its passage last year, joining Senators Elizabeth Warren and Bernie Sanders to ensure that the federal government vigilantly protects the taxpayers’ investment.
Folks, if you agree that accountability should always be a top priority in Congress, can I count on you to chip in $25 to keep me in this fight?
– Sean Casten
|