Manufacturing

Samsung to build $17B semiconductor chip plant in Texas

Samsung announces plans to build a large semi-conductor chip factory in Texas. The South Korean tech giant announced plans to erect the $17 billion plant in Taylor, Texas on Tuesday to open in the second half of 2024.

Rep. Kevin Brady, R-Texas, questions ousted IRS Chief Steve Miller and J. Russell George, Treasury Inspector General for Tax Administration, as they testify during a hearing at the House Ways and Means Committee on the Internal Revenue Service (IRS) practice of targeting applicants for tax-exempt status based on political leanings on Capitol Hill, in Washington, Friday, May 17, 2013. (AP Photo/Charles Dharapak)

OAN Newsroom

GOP lawmakers slam Biden’s ‘Made in America Tax Plan,’ warn of devastating impacts

Republican members of the House Ways and Means Committee outlined the devastating effects the Biden administration’s newest tax proposal will have. Texas congressman Kevin Brady led his fellow Republicans in a meeting to discuss Joe Biden’s Made in America Tax Plan.