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Congress backs bill to aid US computer chip firms in bid to counter China

News Snapshot:

US politicians have passed a 280 billion dollars (£230 billion) package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals like China. The House approved the bill by a solid margin of 243-187, sending the measure to President Joe Biden to be signed into law and providing the White House with a major domestic policy victory. About two dozen Republicans voted for the legislation. When our families succeed, our economy succeeds! The CHIPS & Science Act will help ensure we ease…

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