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Hello and welcome to the Child Care the chipsacked episode of Slate Money, your guide to the business and finance and this week, politics news of the week.

I'm Felix Simon of Axios. I'm here with Emily Peck of Axios.

Hello, hello. And Elizabeth Spires.

Hi.

We have a weirdly and unusually political episode this week, even unto the numbers round where we talk about AOC's met ball shenanigans.

We are going to talk about the Chips Act and what it is mandating in terms of

childcare. We are going to talk about the veto that President Biden is using to override a bill

that was passed, which was in opposition to a department labor law about retirement,

something, something, something. You will understand it all by the time the segment is over.

We are going to talk about better.com and Amazon and the idea of using stock to make a down payment

on a house. And we have a slateate Plus on ordering the same meal in restaurants.

It's all coming up on Slate Money.

So, Emily, kick us off here with a little bit of social and cultural engineering being done by the Biden administration as part of

the Chips Act. What is going on? So the Biden administration, specifically the Commerce Department

this week came out and said to companies that want to build chip manufacturing plants, great. Build those plans. But if you do,

if you're planning on it, we want to see your child care plan. We want to know that you have

something in mind for your workers, children. We want to know what kind of child care they can

access.

Maybe it's on site.

Maybe you're going to do subsidies for them,

but you must have some kind of child care plan in place if you want to get Chips Act funding.

...