{"id":558089,"date":"2021-06-09T12:08:11","date_gmt":"2021-06-09T16:08:11","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=558089"},"modified":"2021-06-09T12:08:14","modified_gmt":"2021-06-09T16:08:14","slug":"senate-passes-bill-to-combat-china-competitiveness","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-passes-bill-to-combat-china-competitiveness\/","title":{"rendered":"Senate passes bill to combat China competitiveness"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsenate-passes-bill-to-combat-china-competitiveness%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=558089&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2419190\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2419190\" class=\"wp-caption-text\">Senate Majority Leader Chuck Schumer, D-N.Y., arrives at the chamber as the Senate tries to finish to its work going into the Memorial Day recess with Republican leaders insisting they will block a commission on the Jan. 6 insurrection, at the Capitol in Washington, Friday, May 28, 2021. Lawmakers are also set to approve a big innovation bill aimed at making the U.S. more competitive with China and other countries. (AP Photo\/J. Scott Applewhite)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 9:07 AM PT \u2013 Wednesday, June 9, 2021<\/h5>\n<p>Senators on Capitol Hill laid down their partisan arms to pass a bill pushing back against Chinese competitiveness. On Tuesday, the Senate voted 68-to-32 to pass the sweeping <a href=\"https:\/\/www.congress.gov\/bill\/117th-congress\/house-bill\/1304\/text\">American Innovation and Competition Act<\/a>.<\/p>\n<p>\u201cThis bill has accelerated an important conversation on a topic we all know deserves our full attention,\u201d stated Senate Minority Leader Mitch McConnell (R-Ky.). \u201cFrom critical supply chains to intellectual property to counter espionage, it touches on key issues that will help determine our strategic footing for decades.\u201d<\/p>\n<p>The law aims to pump $200 billion into U.S. tech companies to develop critical technology, including artificial intelligence, robots and semiconductors. Currently, the U.S. spends less than 1 percent of its GDP towards basic science and research with many attributing the lack of funding to the country\u2019s competitiveness lag to China.<\/p>\n<p><a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2021\/06\/08\/statement-of-president-joe-biden-on-senate-passage-of-the-u-s-innovation-and-competition-act\/\">Joe Biden applauded the bills passage<\/a> through the Senate while asserting it\u2019s long past the time that the U.S. invest in American workers and American innovation. While Democrats are hailing the measure one of the most important bipartisan bills in recent history, GOP senators feel their efforts didn\u2019t go far enough.<\/p>\n<p>\u201cAnd so, it will advance as an imperfect approach to an extremely consequential challenge,\u201d McConnell continued. \u201cOne thing this legislation did demonstrate extremely well, however, was that the rules of Senate don\u2019t stand in the way of bipartisan legislating. Needless to say, final passage of this legislation cannot be the Senate\u2019s final word on our competition with China..it certainly won\u2019t be mine.\u201d<\/p>\n<p>Senate Majority Leader Chuck Schumer (D-N.Y.) reportedly spoke with House Speaker Nancy Pelosi (D-Calif.) and expects to reach a compromise between the two chambers of Congress before sending it to Biden\u2019s desk. In the meantime, Biden is confident he will be brought fourth a sign worthy bill.<\/p>\n<p>\n<iframe loading=\"lazy\" title=\"McConnell: Bipartisan Bill \u201cCannot Be the Senate\u2019s Final Word on Our Competition With China\u201d\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/Ppxj9hWypw8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/p>\n<h4>MORE NEWS:\u00a0<a href=\"https:\/\/www.oann.com\/report-biden-could-tap-house-problem-solvers-caucus-to-pass-infrastructure-bill\/\">Report: Biden Could Tap House Problem Solvers Caucus To Pass Infrastructure Bill<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Senate Majority Leader Chuck Schumer, D-N.Y., arrives at the chamber as the Senate tries to finish to its work going into the Memorial Day recess with Republican leaders insisting they &#8230;<\/p>\n","protected":false},"author":7,"featured_media":2279747,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"Senate passes bill to combat China competitiveness","footnotes":""},"categories":[],"tags":[],"class_list":["post-558089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_video_url":"https:\/\/youtube.com\/watch?v=Ppxj9hWypw8","fifu_image_alt":"Senate passes bill to combat China competitiveness","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/558089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=558089"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/558089\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2279747"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=558089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=558089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=558089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}