House Passes $350 Billion Competitiveness Bill, but Senate Fight Looms

Posted on AllSides February 4th, 2022
From The Center

The House approved a $350 billion initiative Friday to boost U.S. competitiveness with China and other rivals, but differences with the Senate and emerging partisan divides signaled struggles ahead in reaching a compromise.

The Senate in June passed its $250 billion version of the measure, the U.S. Innovation and Competition Act, on a bipartisan basis. House leaders waited until the past few weeks to put together their own package, called the America Competes Act, as Congress wrestled with other spending proposals.

The House bill passed almost entirely on party lines, in a 222-210...

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https://www.wsj.com/articles/house-expected-to-pass-350-billion-bill-to-help-u-s-compete-globally-11643972401

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