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Federal Investments in Technology

Technological investments outlined in the Inflation Reduction Act (IRA), the Bipartisan Infrastructure Law (BIL), and the CHIPS and Science Act prioritize strategic investments in technological infrastructure, research, and development to enhance competitiveness and address pressing challenges. The IRA emphasizes targeted spending on advanced manufacturing, renewable energy, and digital infrastructure to foster sustainable growth and reduce inflationary pressures. The BIL allocates substantial funds towards modernizing transportation, broadband, and energy systems, laying the foundation for a more efficient and connected future. The CHIPS and Science Acts prioritize semiconductor research, development, and manufacturing, recognizing the critical role of semiconductor technology in powering industries ranging from consumer electronics to national security. 

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