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Semiconductor bill unites Sanders, the right — in opposition

Semiconductor bill unites Sanders, the right — in opposition

2 years ago
Anonymous $RpxJm2pZ1S

https://apnews.com/7993ca0bb5e31d0f2141d0c2b349f370

WASHINGTON (AP) — A bill to boost semiconductor production in the United States has managed to do nearly the unthinkable — unite the democratic socialist Sen. Bernie Sanders and the fiscally conservative right.

The bill making its way through the Senate is a top priority of the Biden administration. It would add about $79 billion to the deficit over 10 years, mostly as a result of new grants and tax breaks that would subsidize the cost that computer chip manufacturers incur when building or expanding chip plants in the United States.

Semiconductor bill unites Sanders, the right — in opposition

Jul 24, 2022, 1:22pm UTC
https://apnews.com/7993ca0bb5e31d0f2141d0c2b349f370 > WASHINGTON (AP) — A bill to boost semiconductor production in the United States has managed to do nearly the unthinkable — unite the democratic socialist Sen. Bernie Sanders and the fiscally conservative right. > The bill making its way through the Senate is a top priority of the Biden administration. It would add about $79 billion to the deficit over 10 years, mostly as a result of new grants and tax breaks that would subsidize the cost that computer chip manufacturers incur when building or expanding chip plants in the United States.