Stalled Bill Shows Why U.S. Struggles to Compete

David Ignatius: “As President Biden heads toward potentially cataclysmic midterm elections, he has a last chance to show that he can make the machinery of Congress work to pass a big, bipartisan plan to bolster America’s dominance in technology.l

“The ‘America Competes Act’ is the catchy name for this pathbreaking $52 billion effort to supercharge the U.S. semiconductor industry and preserve America’s technological edge against China. But given the endless delays and political wrangling that have snarled this effort, it has actually been a demonstration, so far, of why America can’t compete: Our broken political system makes it nearly impossible.”