Republicans Grow Wary Of China Bill As Democrats Sap It With Special Interests And Lofty Price Tag

Republicans Grow Wary Of China Bill As Democrats Sap It With Special Interests And Lofty Price Tag


A bill introduced to the Democrat-controlled Senate appears to be the newest bipartisan effort to curb China’s global economic expansion and encourage U.S. companies to outpace them with cutting-edge advancements, but some Republican legislators caution that the bill is expensive and doesn’t send the right message to China.

Democrat Senate Majority Leader Chuck Schumer is leading the charge to pass the more than $250 billion bill funding national research grants and boosting the U.S. semiconductor industry but after weeks of deliberations, Senate Republicans delayed the vote until after Congress’s week-long Memorial Day recess over concerns that the legislation did not receive full, proper scrutiny by legislators or the public.

Cracking down on China is starting to become more of a bipartisan effort in Congress, but how to address the communist nation’s rapid technological growth and willingness to steal intellectual property is not widely agreed upon. To pass the United States Innovation and Competition Act of 2021, formerly the Endless

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