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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.

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