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US Senate to consider sweeping China tech bill on June 8 U.S. Senate Majority Leader Chuck Schumer said on Friday the Senate would consider a sweeping package of legislation intended to boost the country s ability to compete with Chinese technology on June 8.
FILE PHOTO: U.S. Senate Majority Leader Chuck Schumer (D-NY) speaks to reporters after the weekly Senate Democratic caucus policy luncheon on Capitol Hill in Washington, U.S., May 11, 2021. REUTERS/Jonathan Ernst/File Photo
28 May 2021 11:35PM Share this content
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WASHINGTON: U.S. Senate Majority Leader Chuck Schumer said on Friday the Senate would consider a sweeping package of legislation intended to boost the country s ability to compete with Chinese technology on June 8.
Partisan disputes delay sweeping China tech bill in U S Senate yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Partisan disputes delay sweeping China tech bill in U.S. Senate
By Patricia Zengerle
Reuters
WASHINGTON (Reuters) -U.S. Senate Majority Leader Chuck Schumer said on Friday the Senate would resume consideration of a sweeping package of legislation intended to boost the country s ability to compete with Chinese technology on June 8.
The Senate had sought to pass the $250 billion measure on Thursday but the legislation was delayed by Republicans who said Schumer and his fellow Democrats had not allowed enough time to consider amendments.
The U.S. Innovation and Competition Act of 2021, or USICA, authorizes about $190 billion for provisions to strengthen U.S. technology in general, plus $54 billion specifically to increase production of semiconductors, microchips and telecommunication equipment.
U S Senate to consider sweeping China tech bill on June 8 mymixfm.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mymixfm.com Daily Mail and Mail on Sunday newspapers.