Senate Eyes Votes on Computer Chip Bill

“Senate Democrats are planning to advance domestic computer chip production legislation as soon as next week, signaling an end to formal talks on a broader China competition bill as the White House presses for action before November,” Politico reports.

“Majority Leader Chuck Schumer has told senators to expect votes as soon as Tuesday to move forward on $52 billion in initial funding for chip factories, as well as a tax credit for ongoing semiconductor production… Any movement would elate vulnerable Democrats who have pressed party leaders to break through a logjam on the bill, which lawmakers have spent nearly two years crafting.”