USA and the world
WASHINGTON, DC – The US Senate overwhelmingly handed laws aimed toward boosting semiconductor manufacturing within the US.
The invoice is an try to guard financial and nationwide safety within the face of accelerating worldwide competitors, particularly from China.
Lawmakers authorized the invoice Tuesday with a vote of 68-32.
The centerpiece of the invoice is an emergency $ 50 billion appropriation for the Commerce Division to advocate for semiconductor improvement and manufacturing via analysis and incentive applications beforehand licensed by Congress.
Supporting the invoice demonstrates how tackling China economically is a mission that unites each events in a divided Congress.
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