CHIPS and Science - the reality vs the aspiration

I already wrote about this issue here back in August, but I wanted to highlight a policy statement that I wrote with colleagues as part of Rice's Baker Institute's Election 2024: Policy Playbook, which "delivers nonpartisan, expert insights into key issues at stake on the 2024 campaign trail and beyond. Presented by Rice University and the Baker Institute for Public Policy, the series offers critical context, analysis, and recommendations to inform policymaking in the United States and Texas."

The situation is summarized in this graph.  It will be very difficult to achieve the desired policy goals of the CHIPS and Science Act if Congress doesn't come remotely close to appropriations that match the targets in the Act.  What is not shown in this plot are the cuts to STEM education pieces of NSF and other agencies, despite the fact that a main goal of the Act is supposed to be education and workforce development to support the semiconductor industry.

Anyway, please take a look.  It's a very brief document.