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House Passes COMPETES Act With Substantial Tech Funding

The U.S. House of Representatives has passed a bill promoting chip manufacturing and bolstering technology supply chains. The COMPETES Act would provide $50 billion for domestic chip production, plus $45 billion to improve tech supply chains and $160 billion for scientific research and innovation. The bill passed the House down party lines, 222-210, although Rep. Adam Kinzinger, R-Ill., voted in favor, while Rep. Stephanie Murphy, D-Fla., did not support the measure.”]

Source: https://www.healthcareinfosecurity.com/house-passes-competes-act-substantial-tech-funding-a-18472

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