Democrats seek path through House for competitiveness, Chip Bill

The US' Democratic Party are pushing to pass legislation to boost its semiconductor industry, as part of a US$250bil (RM1.02tril) package meant to improve the country's innovation. — Bloomberg

House Democrats are manoeuvring to quickly pass legislation to bolster the semiconductor industry and support US innovation by adding parts of a Senate bill passed this week to an existing House measure, aiming to counter the economic challenge from China.

Under the strategy being considered, the House Science Committee would amend a measure it’s set to begin working on next week to wrap in elements of the US$250bil (RM1.02tril) package that cleared the Senate in an overwhelmingly bipartisan vote, according to two people familiar with the negotiations.