Here’s What’s in the Senate’s Massive Bill Funding the Tech War With China

wholesale statute law that would start to unleash about $ 250 billion in Union funding encourage U.S. technical competition with China is set to easy reset the Senate as early as Tuesday , Reuters report . Here ’s what ’s in it .

TheInnovation and Competition Act of 2021(ICA 2021 ) straighten out a procedural vote in May by a wide 68 - 30 margin , and the final variation of the note is expected to have a likewise relaxed passage through the Senate . AsBarron ’s reported , the huge broadside is an “ amalgam of century of China - related proposals ” that have circulated through Congress in late days and reflects a consensus across both political political party in which U.S.-China relations are “ progressively watch through a prism of competitor and interior security . ”

At the heart of the throwaway is the Endless Frontier Act , which was ab initio purport as a $ 100 billion backing package for the National Science Foundation to put towards research in subject like quantum computing . AsVox explained , the Senate has instead morph it into a gargantuan package throwing money all over the situation , with hundreds of amendment tacked on ( some of it at the monetary value of scientific discipline funding in the original proposal ) .

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Of the funding on the board , Barron ’s write only $ 54 billion is expected to be appropriated on passage — mostly to subsidise the creation of more semiconducting material plants in the U.S. , which currently spell much of its supply from manufactory in Taiwan . The sleep of the funds will be reliant on Congress clear their distribution in future outlay bills . For model , planning of the billoutline fundingfor a variety of technological and scientific endeavor , let in $ 81 billion for the National Science Foundation from 2022 to 2026 , roughly $ 16.9 billion to the Department of Energy over that time period for inquiry into energy - concern supplying chains in the technical school sphere , and $ 10 billion for the Department of Commerce to make regional technical school hubs across the country .

ICA 2021 would provide $ 10 billion in extra financing to NASA ’s human spaceflight exploration platform , as well as authorize the International Space Station to continue operations through 2030 . Some $ 1.5 billion in financial support for inquiry into next - generation 5 G wireless technology is also outlined in the statute law .

ICA 2021 also go out of its way to pose the U.S. as problematical on China . Provisions in the bill would prohibit U.S. diplomats from attend the 2022 Beijing Winter Olympics . agree to CNN , the legislation directs the U.S. Secretary of State to create lists of every State Department - owned endeavour in China suspected to have committed industrial espionage or storm technology transferee , as well as encourage the White House to impose indorsement on individuals or entities suspected of steal or benefiting from the thieving of U.S. rational belongings and/or involvement in cyber attacks on U.S. assets . Other persona of the poster “ produce an inter - agency task force to address Chinese marketplace manipulation in the United States , and empower spending to stomach an independent media in China , ” CNN write . Expanded necessary for Union base material to bank on U.S.-made branding iron , steel , manufactured products , and structure materials — rather than import cheaper material from afield — are also part of the bill .

Argentina’s President Javier Milei (left) and Robert F. Kennedy Jr., holding a chainsaw in a photo posted to Kennedy’s X account on May 27. 2025.

Donald Trump ’s government activity struck a heavy line on China , starting atit - for - sleaze trade warand targeting its technical school diligence for especial pain — under Trump ’s tenure , Taiwanese tech company like telecommunications whale Huawei faced accusations of espionage and imprimatur mean tocut off their accessto U.S. engineering .

Joe Biden ’s White House has followed a similar direction , riding abipartisan undulation of warinessabout the develop influence of China ’s tech sphere . A recent executive order barricade U.S. investor from experience financial interests in59 different Chinese society , including Huawei , purportedly linked to defense , surveillance , or human right abuses such asconcentration campsfor Uyghur Muslims in the Xinjian region . In plus to semiconductor , the Biden presidency has proposed a dramatic expansion of U.S. production of lithium batteries and rare earthly concern mineral excavation , industries that are also heavily reliant on the Formosan supply chain . China has responded to U.S. air pressure with its ownretaliatory meter .

presently , the bill has yet to surpass the House of Representatives , although there is as of now no timetable fix for the statute law and it may end up being considerably different than the Senate version . Biden is expect to readily sign it into law if and when the legislation reaches his desk . Barron ’s reported that “ some analysts ” expect ICA 2021 to be passed into law by the time Congress adjourns for the calendar month of August .

William Duplessie