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Senate eyes R&D bill to counter China, bolster manufacturing - New Delhi Times - India's Only International Newspaper - Vimarsana News

Senate eyes R&D bill to counter China, bolster manufacturing - New Delhi Times - India's Only International Newspaper

May 28, 2021 Share WASHINGTON — What started as a pragmatic effort to boost scientific research and development has morphed into a sweeping Senate bill aimed at making the U.S. more competitive with China and other countries, including $50 billion in emergency funds to shore up domestic computer chip manufacturing. The American Innovation and Competition Act is key to President Joe Biden’s infrastructure plans and was heading toward final passage despite some glitches late Thursday. It’s also a test of whether the split 50-50 Senate can accomplish bipartisan achievements when th...

Senate R&D bill to counter China shelved by GOP opposition - Vimarsana News

Senate R&D bill to counter China shelved by GOP opposition

WASHINGTON (AP) — A sweeping Senate bill aimed at making the United States more competitive with China and shoring up domestic computer chip manufacturing with $50 billion in emergency funds was abruptly shelved Friday after a handful of Republican senators orchestrated a last-minute attempt to halt it. Votes on the American Innovation and Competition Act were postponed until June 8, when senators are scheduled to return from a weeklong Memorial Day recess. The emerging final product has enjoyed broad, bipartisan support and would be one of the more comprehensive investments in U.S. rese...

Senate Advances Young's $100 Billion Science and Technology Bill - Vimarsana News

Senate Advances Young's $100 Billion Science and Technology Bill

Senate Advances Young’s $100 Billion Science and Technology Bill WASHINGTON — A big hurdle has been cleared by a bill that Indiana Sen. Todd Young has been working on for the better part of the last year. The Endless Frontier Act was advanced on a procedural vote to end debate early Friday morning by a vote of 68-30. The bill needed to pass the Senate filibuster threshold of 60 votes in order to advance. Before the vote, Young made one last speech before senators in the chamber to convince them to push the bill ahead. “Just days ago, Communist China orbited, landed, and deployed a rover...

Source: wibc.com
Marco Rubio Rails Against Senate Reducing Chinese Tariffs in Anti-China Bill - Vimarsana News

Marco Rubio Rails Against Senate Reducing Chinese Tariffs in Anti-China Bill

Marco Rubio Rails Against Senate Reducing Chinese Tariffs in Anti-China Bill Sarah Silbiger-Pool/Getty Images 27 May 2021 Sen. Marco Rubio (R-FL) railed against the Senate approving an amendment that would lower tariffs on Chinese products in a bill meant to help improve American competitiveness against China. The Senate voted 91-4 to approve Sen. Mike Crapo (R-ID) and Ron Wyden’s (D-OR) amendment to the Endless Frontier Act. Only Sens. Rubio, Josh Hawley (R-MO), Tom Cotton (R-AR), and Bernie Sanders (I-VT) voted against the proposal. Senate Majority Leader Chuck Schumer (D-NY) sponsored th...

China in Focus (May 26): Senators Debate Endless Frontier Act - Vimarsana News

China in Focus (May 26): Senators Debate Endless Frontier Act

Capitol Hill is debating the Endless Frontier spending bill. But one amendment has already passed–blocking funding for gain-of-function ...