U.S. Senate draft bill would provide $110 billion for tech research


FILE PHOTO: A handout picture from October 2019 shows a component of Google's Quantum Computer in the Santa Barbara lab, California, U.S. Google/Handout via REUTERS

WASHINGTON (Reuters) - U.S. Senate committee leaders have drafted a compromise $110 billion measure for basic and advanced technology research and science over five years and the creation of a White House chief manufacturing officer in the face of rising competitive pressure from China, according to a copy of the 131-page draft legislation seen on Friday by Reuters.

The revised draft bill is set to be debated by the Senate Commerce Committee on Wednesday.

(Reporting by David Shepardson; Editing by Leslie Adler)

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3

   

Next In Tech News

Toshiba's chairman says wants to stay on, hits out at former CEO
U.S. data firm Equinix clinches new JV deals with Singapore's GIC
Sexual abuse ‘normalised’ in UK schools as boys pester girls for ‘nudes’
MCMC collaborates with telcos to organise scam prevention campaign as losses exceed RM38mil in Q1 2021
Video game fest E3 kicks off with ‘Starfield’, ‘Elden Ring’ teasers
Tesla to accept bitcoin again when greener
UK cyber chief Cameron says ransomware is key online threat
Microsoft bolsters video game line-up as Xbox turns 20
WhatsApp launches ad campaign touting encryption
US study: Late-night car crashes drop as partygoers Uber home

Stories You'll Enjoy


Vouchers