Senate Passes Sweeping Bill to Address China Tech ThreatEpoch Times, United States politics | The Epoch Times

The Senate on Tuesday voted 68–32 to approve a sweeping package of legislation intended to boost the country’s ability to compete with Chinese technology, as Congress increasingly seeks to take a tough line against Beijing. The bipartisan measure authorizes about $190 billion for provisions to strengthen U.S. technology and research—and would separately approve spending about $50 billion to increase U.S. production and research into semiconductors and telecommunications equipment. The bill must also pass the House of Representatives to be sent to the White House for President Joe Biden to sign into law. The desire for a hard line in dealings with China is one of the few bipartisan sentiments in the deeply divided U.S. Congress, which is narrowly controlled by Biden’s fellow Democrats. U.S. Commerce Secretary Gina Raimondo has said the funding could result in seven to 10 new U.S. semiconductor plants. Senate Democratic Majority Leader Chuck Schumer, who co-sponsored …Read More

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