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Sen. Chuck Schumer launches $160 billion technology initiative Emily Steinberger | Photo Editor Schumer announced the initiative alongside Chancellor Kent Syverud, Onondaga County Executive Ryan McMahon and Syracuse Mayor Ben Walsh. Facebook Subscribe to our newsletter here. Senate Majority Leader Chuck Schumer (D-NY) launched his initiative to invest in and develop innovations in technology during a press conference at Syracuse University on Monday. Schumer announced the $160 billion piece of legislation alongside SU Chancellor Kent Syverud, Onondaga County Executive Ryan McMahon and Syracu...

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...

× Sen. Coons joins Majority Leader Schumer, Sen. Young in introducing bipartisan bill to bolster US global leadership and competitiveness April 21, 2021 Endless Frontier Act proposes strengthening of National Science Foundation, $100 billion for advancing strategically important science and tech R&D, and $10 billion for establishment of regional technology hubs across the country to launch new innovations, revive American manufacturing, and help lead to the creation of new jobs to jumpstart innovation communities WASHINGTON — Today, U.S. Senator Chris Coons (D-Del.) joined Senate M...

US Lawmakers Back $100 Billion Science Push to Compete With China A bipartisan group of U.S. lawmakers on April 21 introduced legislation calling for $100 billion in government spending over five years on basic and advanced technology research and science in the face of rising competitive pressure from the Chinese regime. The measure, sponsored by Senate Democratic Leader Chuck Schumer, Republican Senator Todd Young and others, would also authorize another $10 billion to designate at least 10 regional technology hubs and create a supply chain crisis response program. The bill, called the “E...

US Lawmakers Intensify Bipartisan Efforts to Counter China A bipartisan U.S. congressional push to counteract China picked up steam on Wednesday as a Senate committee overwhelmingly backed a bill pressing Beijing on human rights and economic competition and other lawmakers introduced a measure seeking billions for technology research. The Senate Foreign Relations Committee backed the “Strategic Competition Act of 2021” by 21-1, sending the bill for a vote in the 100-member Senate, even as they voiced a need to do even more to counteract Beijing. Separately, a group of Senate and ...