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House passes major computer chips and science bill to compete with China

News Snapshot:

WASHINGTON — The Senate passed the package, known as "CHIPS-plus," on Wednesday. It now heads to President Joe Biden's desk for his signature. The bill passed 243-187, with most Republicans voting no and 24 Republicans bucking their own leadership and voting with Democrats. Rep. Sara Jacobs, D-Calif., voted present. Although 17 Senate Republicans backed the chips bill Wednesday, Minority Leader Kevin McCarthy, R-Calif., and Minority Whip Steve Scalise, R-La., had been whipping their rank-and-file members to vote against it, arguing it would funnel billions of taxpayer dollars in subsidies and tax credits to a "specific industry that does not need…

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