Federal quantum policy is actually not new. Spending on quantum information science rose from $456 million in fiscal year 2019 to over a billion by 2023. The 2018 National Strategic Overview had already laid out grand challenges, workforce initiatives, and international cooperation frameworks. Quantum policy is now a cousin of semiconductor policy, another domain in which the distance between theoretical capability and industrial reality turned out to be the whole story. A sufficiently powerful quantum computer could break the public-key cryptography on which much of modern privacy, commerce, and infrastructure depends.