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The Independent UK
The Independent UK
National
Via AP news wire

Schumer readies vote on scaled-back computer chips bill

Copyright 2022 The Associated Press. All rights reserved

Senate Majority Leader Chuck Schumer is telling senators to expect an initial vote as early as Tuesday on scaled-back legislation that would provide grants, tax credits and other financial incentives for companies that build semiconductor manufacturing plants in the U.S.

Both the House and Senate have passed sweeping bills that included numerous trade provisions, additional dollars for research and called for the development of regional technology hubs across the country. But lawmakers have struggled to reach a final compromise that could generate 60 votes in the Senate, the number needed to overcome procedural hurdles.

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