The Latest Breaking News from Todd Young

WASHINGTON — The Senate is moving forward with an even broader “chips-plus” bill containing hundreds of pages of science-related provisions that Senate Majority Leader Charles E. Schumer agreed to add to a more narrow bill focused on semiconductor manufacturing grants and tax incentives.

The Senate is moving forward with a broad “chips-plus” bill containing science provisions that Majority Leader Charles E. Schumer agreed to add.

WASHINGTON — Senators are considering restoring a more generous tax break for companies’ research and development spending as part of a slimmed-down economic competitiveness bill focused on boosting domestic semiconductor manufacturing.

Senate Majority Leader Charles E. Schumer pledged to move ahead with a procedural vote Tuesday afternoon on the semiconductor bill.

A procedural vote to begin the floor process on a limited competition measure could happen as early as Tuesday.

WASHINGTON — Dozens of House members sent a letter to party leaders calling for “immediate action” to restore a more generous tax break for companies’ research and development spending, as senators prepared to weigh in with their own show of support Wednesday.

Dozens of House members called for “immediate action” to restore a more generous tax break for companies’ research and development spending.

WASHINGTON — Discussions between Senate and House members on one of the most significant pieces of legislation on technology, research and development in recent years gets underway this week, with some conferees aiming to get the bill to President Joe Biden’s desk by Memoriafl Day.

House and Senate conferees are going to work to iron out differences in their bills to help the United States compete with China.

By: Douglas Kronaizl

The Biden administration is close to striking an agreement with Iran, and lobbying machinery is cranking back into action on Capitol Hill.