Two Texas Republicans in Congress are defending the CHIPS Act, saying it benefits national security and creates jobs.

"Your CHIPS Act is a horrible, horrible thing. We give hundreds of billions of dollars and it doesn't mean a thing. They take our money and they don't spend it," went Trump's speech to Congress. "You should get rid of the CHIPS Act and whatever is left over, Mr. Speaker, you should use it to reduce debt."

President Trump threw the future of the $52.7 billion CHIPS Act into question during his joint address to Congress on Tuesday, saying it was a “horrible, horrible thing” and telling House Speaker Mike Johnson to “get rid” of the legislation and use the remaining cash to reduce debt or “any other reason you want to.”