transportation, broadband, clean water, and energy infrastructure that will increase economic
growth for decades to come. We recognize the importance of the semiconductor supply chain to
our competitiveness and our national security, and we are seeking to reinvigorate the
semiconductor industry in the United States. The CHIPS and Science Act authorizes $280 billion
for civilian investment in research and development, especially in critical sectors such as
semiconductors and advanced computing, next-generation communications, clean energy
technologies, and biotechnologies. Through the National Biotechnology and Biomanufacturing
Initiative, we are investing more than $2 billion to harness the full potential of biotechnology and
biomanufacturing, create jobs at home, strengthen supply chains, and reduce carbon emissions.
In 2022, we enacted the Inflation Reduction Act which will invest in domestic energy production
and manufacturing, and reduce carbon emissions by roughly 40 percent by 2030. Combatting the
climate crisis, bolstering our energy security, and hastening the clean energy transition is integral
to our industrial strategy, economic growth, and security. We are incubating and deploying new
technologies and solutions, allowing us to lead the world while creating new markets and
scalable approaches. Together, these investments will keep the United States at the leading edge,
increase economic capacity, and support millions of jobs and trillions of dollars in economic
activity over the next decade. Across these efforts, we are mobilizing the talent, grit, and
innovation of American workers, who can out-compete anyone. We are also prioritizing equity
and investing in regional economic development to ensure the future is made across all of
America, by all Americans.
As we do this work, we are also protecting our investments and bolstering their resilience
through tracking, attributing, and defending against the activities of malicious actors in
cyberspace. And we are countering intellectual property theft, forced technology transfer, and
other attempts to degrade our technological advantages by enhancing investment screening,
export controls, and counterintelligence resources. Just as we seek to pool technical expertise and
complementary industrial capacity with our allies and partners, we are also enhancing our
collective capacity to withstand attempts to degrade our shared technology advantages, including
through investment screening and export controls, and the development of new regimes where
gaps persist.
Investing In Our People
We are focused on strengthening the economy by building from the bottom up and the middle
out. To that end, we know the most impactful public investments are the ones we make in our
people. We seek to increase equitable access to affordable health care and child care; career-long
training and skill building; and high-quality education and training, including science,
technology, engineering, and mathematics (STEM), especially for women and girls. These
investments will boost our economic capacity by ensuring our workforce is better educated,
healthier, and more productive. This stronger workforce will also build enduring advantages that
bolster our strength and resilience. We are also supporting workers by promoting union
organizing and collective bargaining, and improving workers’ job quality.
As we create the conditions for our people to thrive, we will also continue to make America the
destination of choice for talent around the world. Since the founding of our Nation, America has
been strengthened and renewed by immigrants seeking opportunity and refuge on our shores—a
unique strategic advantage. We will continue working with Congress and taking executive action
to ensure our immigration and refugee systems are fair, orderly, humane, easier to navigate, and
NATIONAL SECURITY STRATEGY
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