May 25, 2021

These days, it can feel like there are very few issues Democrats and Republicans agree on. That is, of course, unless someone's proposing a bill aimed at challenging Beijing's growing global influence.

The United States Innovation and Competition Act of 2021, a wide-ranging piece of legislation expected to cost about $200 billion, seeks to do just that.

Assembled by Senate Majority Leader Chuck Schumer, D-N.Y., the bill has united senators on both sides of the political aisle behind a bundle of provisions to boost American research and technology manufacturing deemed critical to U.S. economic and national security interests.

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