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Senate eyes R&D bill to counter China, bolster manufacturing

20 days ago   |   By Stl Today

WASHINGTON - What started as a pragmatic effort to boost scientific research and development has morphed into sweeping Senate bill aimed at making the U.S. more competitive with China and other countries, including $50 billion in emergency funds to...
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Senate eyes R&D bill to counter China, bolster manufacturing

Senate eyes R&D bill to counter China, bolster manufacturing

20 days ago   |   By Chron

WASHINGTON - What started as a pragmatic effort to boost scientific research and development has morphed into 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 at a time when there's pressure on...
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