Conservative mainstays such as The Wall Street Journal’s editorial board, the Heritage Foundation and the tea party aligned group FreedomWorks have also come out against the bill.
FILE - Sen. Bernie Sanders, I-Vt., questions witnesses during a Senate Health, Education, Labor, and Pensions Committee hearing to examine an update on the ongoing Federal response to COVID-19, June 16, 2022, on Capitol Hill in Washington. WASHINGTON — 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.
Note to readers: if you purchase something through one of our affiliate links we may earn a commission.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Semiconductor bill unites Sanders, the right — in oppositionA bill to boost semiconductor production in the U.S. has managed to unite Sen. Bernie Sanders and the fiscally conservative right. It’s the latest example of how spending taxpayer dollars to help the private sector can scramble usual partisan lines.
Weiterlesen »
‘It looks terrible’: Dems prep a tax cut for business as broader agenda stallsAfter Sen. Joe Manchin killed their more ambitious tax plans, Democrats are left with legislation that includes a multibillion-dollar tax credit for semiconductor makers
Weiterlesen »
Ted Cruz Makes Crass Crack About Gender Pronouns, Met With CheersThe senator's crude remark came during his speech at a conservative student conference on Friday.
Weiterlesen »
Why the Respect for Marriage Act may passOPINION: On Tuesday, the House passed a same-sex marriage bill with every Democrat and 47 Republicans supporting. This contrasts with the Democrats' embrace in the 1990s of legislation defining marriage as only between a man and woman.
Weiterlesen »
California Gov. Newsom signs gun law modeled after Texas abortion banCalifornia punched back Friday against two recent landmark U.S. Supreme Court decisions as Gov. Gavin Newsom announced he will sign a controversial, first-in-the-nation gun control law patterned after a Texas anti-abortion law.
Weiterlesen »