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Semiconductor chip bill passes hurdle in Senate, final vote expected later this week | LiveNOW from
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July 27, 2022
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8:19Now PlayingThe Senate cleared a key procedural hurdle to passing a bill aimed at helping the U.S. compete with China by a 64-32 vote.
The legislation, called the CHIPS Act of 2022, will now likely see a vote for final passage in the Senate later this week.
After more than a year of talks between lawmakers in both chambers – which resulted in a stuck conference committee – it appeared that the legislation might become a casualty of the fast-approaching election season.
The vote was delayed by weather, and complicated by multiple COVID-19 diagnoses among supporters of the bill.
Sen. Bernie Sanders, I-Vt., railed against the bill as corporate welfare for semiconductor companies, and some of his allies in the lower chamber may feel the same way. Many conservative Republicans oppose the bill for the same reason.
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