When America mobilized for World War II, it turned factories into foundries and assembly lines into arsenals. Our adaptive spirit and national commitment ensured success for the “Arsenal of Democracy.” The security of the country depended on it.

Our national security today is just as dependent on a strong economy and capable workforce as it was in 1941. An economy that can build and innovate deters would-be adversaries from believing they can test us, and it enables us to sustain ourselves if they dare try.

Yet the COVID-19 pandemic and the Russia-Ukraine war have revealed fragility in our industrial base at the very time that China has substantially expanded its own industrial capacity , and, along with others, has used that capacity to advance its military goals. That is why this

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