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Biden Praises $52B House Bill To Supercharge Chip Manufacturing In The US

Biden Praises $52B House Bill To Supercharge Chip Manufacturing In The US
President Biden commends the COMPETES Act that just passed the House of Representatives as a necessary step to begin weaning America off its dependence on China for chip manufacturing. The act passed the House in a 222-210 vote along party lines, and must now be reconciled with a similar bill passed by the Senate last year.

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Author: Tim Sweezy