House Speaker Mike Johnson said Friday that Republicans "probably will" try to repeal legislation that spurred U.S. production of semiconductor chips, a statement he quickly tried to walk back by saying he would like to instead "streamline" it.
A reporter asked Johnson whether he would try to repeal the bipartisan CHIPS and Science Act, which Republican presidential nominee Donald Trump had disparaged last week.
"I expect that we probably will, but we haven't developed that part of the agenda yet," Johnson replied.
The White House has credited the CHIPS Act for spurring hundreds of billions of dollars of investments as well as hundreds of thousands of jobs.
Johnson, who voted against the legislation, later said in a statement that the CHIPS Act, which poured $54 billion into the semiconductor manufacturing industry, "is not on the agenda for repeal."
Persons:
Mike Johnson, Johnson, Donald Trump, Trump, Kamala Harris
Organizations:
Republican, Capitol, New, New York GOP, Micron, Green New
Locations:
Washington ,, New York, U.S