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Congress OKs bill to aid U.S. computer chip firms, countering China

July 29, 2022
Source: msn.com msn.com
News Snapshot:
© Provided by LA Times President Biden speaks virtually during an event in the South Court Auditorium of the White House on July 25. (Susan Walsh / Associated Press) The House on Thursday passed a $280-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, namely China. The House approved the bill by a solid margin of 243 to 187, sending the measure to President Biden to be signed into law and providing the White House with a major domestic...
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