The upcoming Presidential election may play a big role in the fate of "50,000 good-paying jobs in Upstate New York."

In April, President Joe Biden was in New York to talk about new investments made possible through the bipartisan Chips and Science Act.

Biden In Syracuse, New York

President Biden Addresses NAACP Convention In Las Vegas
Getty Images
loading...

The president announced a $6 billion deal with semiconductor maker Micron. The investment will support the construction of two manufacturing hubs, one in Clay, New York, just outside Syracuse.

Warning: 'Aggressive" Bear Destroys Home In Upstate New York, Returns

Biden has made ramping up the production of semiconductors in the U.S. a key priority in his administration.

House Speaker Mike Johnson Talks About Repealing Act

House Republican Conference Meets Wednesday Morning
Getty Images
loading...

House Speaker Mike Johnson was near Clay, New York on Friday and he hinted that Republicans might repeal the CHIPS & Science Act if Donald Trump wins the election.

For all the news that the Hudson Valley is sharing make sure to follow Hudson Valley Post on Facebook, download the Hudson Valley Post Mobile

“I expect that we probably will, but we haven’t developed that part of the agenda yet,” Johnson said, when reporters in New York asked if Trump might repeal the act.

Johnson, who voted against the bill, later backtracked and said it was "not on the agenda for repeal.”

Gov. Hochul Blasts Plan

New York Governor Kathy Hochul Announces Large Scale Increase In Law Enforcement Within Subway System
Getty Images
loading...

That didn't stop New York Gov. Kathy Hochul from blasting the idea of repealing the act, which she says threatens over 50,000 jobs.

Popular Destination In New York State Is Crawling With Bed Bugs

Below is her full statement:

Anyone threatening to repeal the CHIPS & Science Act is threatening more than 50,000 good-paying jobs in Upstate New York and $231 billion worth of economic growth nationwide. Repealing this law would cede economic power to foreign nations like China and allow our national security to be put at risk. From Micron’s investment in Clay to Albany’s brand-new designation as a National Semiconductor Technology Center facility, this landmark legislation is already revitalizing New York’s manufacturing economy. I’m amazed that any national leader would even consider repealing the CHIPS & Science Act — and Speaker Johnson threatening to do so during his visit to Central New York just shows how out-of-touch he and his allies are. Make no mistake: I’m going to fight like hell to protect New York jobs and defend the CHIPS & Science Act.

New York's 25 Highest Fastest Growing Jobs

New York's 25 Highest Fastest Growing Jobs

Stacker analyzed jobs data from the Bureau of Labor Statistics to determine the fastest-growing jobs in New York:

Gallery Credit: Dave Wheeler

18 Things You Need to Experience During a New York Winter Before You Die

18 Things You Need to Experience During a New York Winter Before You Die

There are plenty of things to do to enjoy a New York winter. Here's a list of experiences you need to try before you die.

Gallery Credit: Credit - Polly McAdams

Keep Reading:

Top 10 Things People Say When They Hear You Are From New York

Top 10 Things People Say When They Hear You Are From New York

New York State is home to nearly 20 million people, spread across 54,000 square miles of land with mountains, farms and lakes. When you tell someone you are from New York, they seem to think you live in Manhattan. Here are the Top 10 things people say when you tell them you are from New York.

Gallery Credit: Michael Karolyi

 

More From Hudson Valley Post