Happening now: The Senate is voting on the U.S. Innovation and Competition Act, a $200B+ package intended to beef up U.S. tech, research and development, innovation and carve out a competitive edge against China. Final tally to come. It is expected to pass.
@CourthouseNews
@CourthouseNews
At first roll from the clerk, Senators Blackburn, Boseman, Cotton, Ernst, Inhofe, Hall and Rubio voted no. Sen Hyde Smith joined them later to vote against the US-China competition bill. Just 60 votes are needed for passage tonight. Vote still rolling. Tally to come.
Senators Braun, Burr, Scott also vote no on U.S. Innovation and Competition Act.
Sen. Deb Fischer, Toomey, Shelby now also voting no on $200B to beef up U.S. capacity in tech, science, renewables, AI and more to compete with China.
Again, 60 votes needed to pass this bill, so a simple majority. Current tally is 40 senators supporting, 14 against.
Sen. Scott of Fla., Sen Johnson also a no vote on China bill.
Sens Lankford, Tuberville, Cramer, Hoeven, Lummis, Sanders also vote against the bill.
Copy of the bill available here:
documentcloud.org/documents/2080…
Copy of the bill available here:
documentcloud.org/documents/2080…
Sen. Collins breaking with Republicans, votes for the bill, as does Sen. Capito and Sen. Romney.
Sen Kennedy, another Republican, is a no on the USCIA however.
Sens. Manchin and Synema both supported the bill for those wondering.
Sen Kennedy, another Republican, is a no on the USCIA however.
Sens. Manchin and Synema both supported the bill for those wondering.
At 58-25, it's on the verge of passing
#BREAKING: The Senate has voted to approve the U.S. Innovation and Competition Act, a $200B+ package that beefs up American technological research, development, and manufacturing so it can better compete with China now. More in a report soon for @CourthouseNews.
A simple majority was needed to pass since lawmakers agreed to forgo rules on passage earlier this afternoon. Now 61 votes achieved in favor. Final tally to come.
Sen. Barasso is a no, though it does not matter now for passage since the threshold has been reached. Sen. Lee also votes no.
Sen. Moran also a no on the bill, though again, it has already passed. Right now the tally is 65-28.
Sen. Thune is a no.
Sen Hawley is a no.
Sen. Cruz votes against the bill. Current tally: 68-31.
Sen. Haggerty votes no on USCIA and with that the bill passes, 68-32.
Republican lawmakers like Richard Burr, for instance, did not vote for the bill tonight because they argue that it doesn't go far enough to punish China for IP theft.
It faces a tough battle ahead in the House where it is likely to be parceled out into different bills.
It faces a tough battle ahead in the House where it is likely to be parceled out into different bills.
There is concern among some Ds in the House that the provisions/language in the bill - one of which includes a ban on US diplomats attending the Winter Olympics in China - may go too far and could stir up Cold War era style sentiments esp. in light of AAPI hate rising in US.
I don't speculate on social media as a personal rule but I will track the bill moving ahead, so stay tuned.
Statement on the bill's passage from President @JoeBiden, who commended it, saying it would make "generational investments" empowering the U.S. to build out its AI, semiconductor manufacturing and "innovation infrastructure"
@CourthouseNews
@CourthouseNews
Legislation approving $250 billion to accelerate American innovation, research, science and technology passed in the Senate Tuesday, but it faces a tough battle in the House of Representatives. courthousenews.com/senate-passes-…
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