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Joe Biden signs $52.7 billion bill to boost U.S. chips, compete with China - Vimarsana News

Joe Biden signs $52.7 billion bill to boost U.S. chips, compete with China

US President Joe Biden signed a bill that aims to boost U.S. competitiveness with China.

FOXNEWS MediaBuzz June 4, 2024 15:20:00 - Vimarsana News

FOXNEWS MediaBuzz June 4, 2024 15:20:00

Mt. media to focus a lot more on. howard: right. the big ticket here is the $300 billion for climate change which is far larger than anything anybody has ever gotten through. susan, are the media largely dismissing republican complaints about this being shoved down their throats when it is far more moderate than the original $3.5 trillion that joe biden wanted to spend? actually, less than a quarter of that, so some some on the conservative side, not as terrible as the original legislation would have been. >> it's a fraction of what they were initially asking for in biden's build back better p...

CNN CNN Newsroom With Poppy Harlow and Jim Sciutto June 4, 2024 13:28:00 - Vimarsana News

CNN CNN Newsroom With Poppy Harlow and Jim Sciutto June 4, 2024 13:28:00

Was able to do in 2012 with the auto bailout. i think when you look at the combined effect of the investments in this bill, encouraging domestic manufacturing, the infrastructure investments, and the semiconductor bill, encouraging domestic manufacturing, i think you're going to see biden or whoever is the democratic nominee in 2024 going to rusted out industrial communities and making the case that we have invested in your prosperity the same way obama s awas able to do across the midwest. >> a lot is happening. good to have you on. looking forward to having you back soon. coming up next th...

FOXNEWS The Five June 4, 2024 09:23:00 - Vimarsana News

FOXNEWS The Five June 4, 2024 09:23:00

Got handed to him this week through other bad tactics are not having his eye on the ball. i guess republicans can always say thank god we got three supreme court justices then because the senate would pass almost two trillion dollars in spending, but they won't do the fact that this week because they want to be fiscally responsible. so and i know there are things with that, but my point is i think regular americans don't understand every little nuance when it comes to how bills are and enriching the rich, which that semiconductor bill did. that is a lucrative high margin business that's loaded...

CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell June 4, 2024 18:12:00 - Vimarsana News

CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell June 4, 2024 18:12:00

This chronology of the passing of the chips bill and manchin coming on board for the spending bill. leader mcconnell said he would block the chips bill if democrats move forward with their funding bill. that didn't look like it was going to happen. mcconnell said, all right, we're moving forward with chips. manchin says, i'll make a deal. is it trickery? is it strategy? is it kwcoincidental? >> i think at some point it matters whether you're on the right side of the issue as far as the american people are concerned. and it also matters whether you can sell this to your constituents. i think it...