House Speaker Mike Johnson is trying to clarify remarks he made at a New York campaign rally where he suggested that Republicans may try to repeal legislation that has spurred U.S. production of semiconductor chips.

Johnson voted against the CHIPS Act, which is set to lead to up to $200 billion being invested in the chip sector over a five-year period, helping shore up US manufacturing and improve data center supply chains. It has been criticized for being slow to disperse funds.

Speaker of the House Mike Johnson quickly backtracked after remarking that he and the GOP “probably will” repeal the CHIPS and Science Act if President Donald Trump is elected and Republicans obtain a Congressional majority.

Friday evening, after Johnson said on the campaign trail that he would “probably” move to try to repeal the CHIPS and Science Act. The Republican leader later backtracked on the comment, clarifying in a joint statement with Rep.

Vice President Kamala Harris is vowing to protect health care access and U.S. manufacturing jobs following House Speaker Mike Johnson’s (R-La.) admissions that Republicans are considering repealing major laws if they take power and Donald Trump wins the presidential election.

House Speaker Johnson tries to clarify remarks suggesting Republicans may try to repeal legislation that spurred U.S. production of semiconductor chips.

The House Speaker has spent the week talking about the party's plans to torch the Affordable Care Act and the CHIPS Act

Johnson later walked back his comments that Republicans would repeal the CHIPS Act, saying, "the CHIPS Act is not on the agenda for repeal."