A desire to spend more than $50 billion to bolster the US semiconductor industry seemed to be a rare point of bipartisan consensus in Washington. But legislation to carry out that initiative — with the goal of increasing US competitiveness with China — now faces an uncertain fate, caught in a larger struggle between Democrats and Republicans over spending. Get the full experience. Choose your plan ArrowRight 1. What does Congress propose to do?Similar but not identical bills passed by the House and Senate would provide $52 billion over five years in emergency funding for semiconductor research and development, legacy…