Senate Bill to Boost Chip Production, Advanced Technology Set to Move Ahead
WASHINGTON—After weeks of uncertainty, the Senate is set to vote Monday to advance a far-reaching $280 billion package of subsidies and research funding to shore up U.S. competitiveness in advanced technology.
The bill had all but collapsed earlier this month amid partisan bickering, then came together in a matter of days. It is expected to move ahead in the Senate in a procedural vote, setting up final passage on Tuesday or Wednesday. The bill restores many but not all the main provisions of competitiveness legislation passed over the past year by the Senate and House.
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