Bill To Boost U.S. Technology In Race Against China Passes Senate, 68-32
The U.S. Senate approved legislation to help the United States compete with China in the technology race by providing funds for one of the largest investments in American industry ever by a vote of 68-32. The bipartisan legislation costs $250 billion and specifically targets Big Tech. It is one of the largest investments in research and development in U.S. history. The money will go to national research grants and the U.S. semiconductor industry. This bill was championed by Senate Majority Leader Chuck Schumer and is viewed as a key part of President Joe Biden‘s infrastructure plan. Cracking d...