The Biden administration's recent ultimatum to chipmakers is the first step for a grander plan designed to give more workers affordable childcare

• The Commerce Department just released its guidelines to apply for funding for semiconductor projects.
• Firms that want a shot at the $39 billion have to show that workers will have access to childcare.
• It's an example of the Biden administration slipping its priorities into legislation under its purview.

If you want some of the $39 billion the Biden administration is doling out for CHIPS Act semiconductor funding, you'll have to offer your workers childcare.