Senate Approves $280 Billion Bill to Boost U.S. Science, Chip Production

Summary by Ground News

The $280 billion measure, which awaits a House vote, includes federal grants and tax breaks for companies that construct their chip facilities in the U.S. It is projected to increase federal deficits by about $79 billion over 10 years. The House vote is expected later this week as lawmakers try to wrap up business before returning to their home states.

Published 6 months ago · Washington, United States

News Articles

More Filters

All

Left

Center

Right

Reuters

U.S. Senate panel approves update of children's online privacy bill

WASHINGTON - The U.S. Senate Commerce Committee voted Wednesday to approve a measure that would raise the age children are given special online privacy protections to 16 and bar targeted advertising to children by companies like TikTok and Snapchat without consent. The bill, which was adopted by voice vote, will now go to the full Senate for consideration. There currently is no version

6 months ago·United Kingdom

Read Full Article

CTV News

Senate passes bill to boost computer chip production in U.S.

A bill designed to encourage more semiconductor companies to build chip plants in the United States passed the Senate on Wednesday as lawmakers raced to finish work on a key priority of the Biden administration.

6 months ago·Toronto, Canada

Read Full Article

The Hindu

U.S. Senate passes bill to boost chip manufacturing, compete with China

The House of Representatives is expected to approve it as soon as later this week, which would send it to the White House for President Joe Biden to sign into law

6 months ago·India

Read Full Article

The Independent

Senate passes computer chips bill to be more competitive with China

The legislation passed on a bipartisan basis

6 months ago·London, United Kingdom

Read Full Article

USA Today

Intel project could get boost after U.S. Senate OKs computer chip bill

Intel CEO\u00a0Pat\u00a0Gelsinger\u00a0said the company's\u00a0investment in Ohio\u00a0could increase if Congress approves the legislation. It still has to go to the House.

6 months ago·United States

Read Full Article

CBS Local

Senate Passes Bill Investing $52 Billion In US Semiconductor Production

(CBS DETROIT/CNN) — The Senate voted Wednesday to pass a long-awaited bill aimed at boosting U.S. semiconductor production in a bid to increase American competitiveness.It passed with broad bipartisan support, 64 to 33.The measure now goes to the House for approval before it can be sent to President Joe Biden for his expected signature.The legislation is aimed at addressing a semiconductor chip shortage and making the U.S. less reliant on other …

6 months ago·United States

Read Full Article