Washington, D.C. – Today, the House posted text of the America Creating Opportunities for Manufacturing, Pre-Eminence in Technology and Economic Strength Act of 2022. The America COMPETES Act of 2022 includes a historic investment to surge production of American-made semiconductors, tackles supply chain vulnerabilities to make more goods in America, turbocharges America’s
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House Democrats have unveiled their version of sweeping legislation aimed at bolstering U.S. competition with China, though bipartisan buy-in will be needed to finish the job and Republicans objected to being shut out of the process.