Connect with us


Senate Plans Vote Focused on Semiconductor Portion of China Bill

WASHINGTON—Senate Majority Leader Chuck Schumer (D., N.Y.) is telling colleagues to count on a ground vote as early as Tuesday on a stripped-down China competitors invoice that would come with greater than $50 billion and funding tax credit to encourage semiconductor manufacturing within the U.S. however exclude different provisions, an individual aware of the matter stated Thursday.

The determination to carry the vote comes after a briefing from administration officers Wednesday pushing lawmakers to go semiconductor funding as negotiations over a bigger competitors invoice have stalled, and it remained unsure whether or not Republicans would enable a slimmed-down invoice to advance within the evenly divided Senate. Republicans have demanded that Democrats finish their efforts to go a partisan prescription-drug and local weather invoice as a situation for shifting the China laws.

Source link