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  "documentTitle": "The CHIPS and Science Act: Here’s what’s in it",
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  "authorName": "McKinsey",
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  "notes": "The chart is a variation of a waterfall or stacked bar chart showing the breakdown of the $278.2B total.",
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      "text": "The CHIPS and Science Act of 2022 directs $280 billion in spending over the next ten years, with the bulk for scientific R&D.",
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      "text": "CHIPS and Science Act funding for 2022–26, $ billion",
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      "kind": "list",
      "text": "a CHIPS advanced manufacturing tax credit\nb CHIPS for America Defense Fund\nc CHIPS for America International Technology Security and Innovation Fund...",
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      "text": "Total funding: $278.2bn",
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      "kind": "paragraph",
      "text": "The Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022 (CHIPS Act), signed into law on August 9, 2022, is designed to boost US competitiveness, innovation, and national security...",
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      "kind": "source-note",
      "text": "Source: Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act of 2022, H.R. 4346, 117th Cong. (2022)",
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      "evidence": "The cover slide and industry trends slide provide context for the Act.",
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