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Page 8 - ஓநெய்த கவுண்டி நிர்வாகி அந்தோணி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Schumer Introduces Legislation To Invest $53 Billion In Domestic Semiconductor Industry, Fuel American Innovation

File photo of U.S. Senator Charles Schumer (2010). WASHINGTON, DC – Yesterday, U.S. Senate Majority Leader Charles E. Schumer filed the bipartisan U.S. Innovation and Competition Act, which combines Schumer’s Endless Frontier Act, other bipartisan competitiveness bills, and $52 billion in emergency supplemental appropriations to implement the semiconductor-related manufacturing and R&D programs authorized in last year’s National Defense Authorization Act and a program to support legacy chip production that is essential to the auto industry, the military, and other critical industries. An additional $1.5 billion is provided for implementation of implement the USA Telecommunications Act that was also passed as part of last year’s NDAA to foster U.S. innovation in the race for 5G. This package of innovation bills will receive a final Senate vote in the days ahead.

Schumer introduces bill to invest $53 billion in domestic semiconductor production

·        $2 billion for a CHIPS for America Defense Fund: Funding is appropriated up front and $400 million is allocated each year, over 5 years for the purposes of implementing programs authorized in Sec. 9903(b), providing support for R&D, testing and evaluation, workforce development, and other related activities, in coordination with the private sector, universities, and other Federal agencies to support the needs of the Department of Defense and the intelligence community. ·        $500 million for a CHIPS for America International Technology Security and Innovation Fund: Funding is appropriated upfront and $100 million each year, allocated over 5 years to the Department of State, in coordination with the U.S. Agency for International Development, the Export-Import Bank, and the U.S. International Development Finance Corporation, for the purposes of coordinating with foreign government partners to support international information and communications technolo

Mask Off New York, Cuomo Approves CDC Guidelines For Maskless In NYS

Mask Off New York, Cuomo Approves CDC Guidelines For Maskless In NYS It’s the new law many New Yorkers have been hoping to hear since the beginning of the mask mandate. Governor Andrew Cuomo announced today that effective Wednesday, New York State will adopt the new CDC guidelines that ease mask requirements for fully vaccinated people. New Yorkers have worked hard over the last year to prevent the spread of COVID and keep each other safe, Cuomo said. That work has paid off and we are ecstatic to take this next step in the reopening of our beautiful state. The people of New York and visitors alike should take solace in the lifting of mask requirements, but be respectful of those who may still feel safest wearing their mask in public and business owners who may still ask patrons to don their mask.

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