After over a year of negotiations, Congress is finally advancing a bill to provide $52 billion to the semiconductor industry amid a chip shortage threatening U.S. competitiveness and national security.
The Senate is eyeing a crucial cloture vote as early as Thursday which, if it gains the required 60 votes, could put the bill on the path to become a law within the coming weeks.
“This has been bipartisan work in the Senate at its best,” Senate Majority Leader Chuck Schumer (D-NY) said…
Source link
