WASHINGTON (AP) — A bill to boost U.S. semiconductor production has managed to do almost the unthinkable — unite Democratic Socialist Sen. Bernie Sanders and the fiscally conservative right.
The bill making its way through the Senate is a top priority for the Biden administration. This would add about $79 billion to the deficit over 10 years, mostly due to new subsidies and tax breaks that would subsidize the cost that computer chipmakers incur when building or expanding chip factories in United States.
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