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U S Senate panel to take up technology research spending bill

Updated: May 06, 2021 19:00 IST The bill had been expected to be considered on April 28, but was delayed after more than 230 amendments were filed for consideration. Share Article AAA The U.S. Capitol is seen in the evening hours, in Washington, DC. File   | Photo Credit: AFP The bill had been expected to be considered on April 28, but was delayed after more than 230 amendments were filed for consideration. (Subscribe to our Today s Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.) A U.S. legislative proposal to allocate about $110 billion for basic and advanced technology research and science in the face of rising competitive pressure from China will be debated by the Senate Commerce Committee on May 12, sources said on Wednesday.

Bipartisan group of lawmakers push $100 billion investment in science to compete with China

Bipartisan group of lawmakers push $100 billion investment in science to compete with China The bill s purpose is to have the government strengthen the private sector and university research efforts in advanced technologies with federal funding. By Story at a glance: Democrats and Republicans do not want China to have a technological advantage over the U.S. The Chinese Communist Party is rapidly advancing because of intellectual property theft and industrial espionage, said Republican Rep. Mike Gallagher. Biden wants $37 million to deal with the chip manufacturing shortages. On Wednesday, both Democrats and Republicans agreed on a $100 billion spending bill going towards basic and advanced technology research and science, in an effort to compete with China. 

Momentum grows in U S Congress for legislation confronting China

Apr 22, 2021 The U.S. Congress is moving with increasing urgency on bipartisan legislation to confront China and bolster competitiveness in technology and critical manufacturing with the Senate poised to act within weeks on a package of bills. As part of the package, Senator John Cornyn, a Texas Republican, plans to push for incentives to strengthen domestic semiconductor manufacturing through his CHIPS for America legislation, according to a person familiar with the matter. The bill became law earlier this year but was never funded. President Joe Biden has called for as much as $50 billion for the initiative. Cornyn and other lawmakers want what Congress has already passed to be fully funded.

Momentum Grows in Congress for Legislation Confronting China

Momentum Grows in Congress for Legislation Confronting China
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

Momentum grows in U S Congress for legislation confronting China

Momentum grows in U S Congress for legislation confronting China
japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.

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