Friday 1 July 2022 01:45 AM McConnell threatens to BLOCK semiconductor bill if Dems bring back Build Back ... trends now
Mitch McConnell threatens to BLOCK $52billion in funding for the semiconductor industry to combat China IF Democrats try to resurrect the Build Back Better bill with Joe Manchin on their side
Senate Minority Leader Mitch McConnell threatened to tank a bipartisan bill that puts $52 billion toward the semiconductor industry to compete with China 'Let me be perfectly clear: there will be no bipartisan USICA as long as Democrats are pursuing a partisan reconciliation bill,' McConnell said Thursday Senate Majority Leader Chuck Schumer is in talks with moderate Democratic Sen. Joe Manchin to resurrect portions of the Build Back Better bill On the table is a prescription drug price cap, which Democrats blasted McConnell for being against Press secretary Karine Jean-Pierre called McConnell's threat 'shocking' and 'outrageous,' in a statement Thursday evening 'Senate Republicans are literally choosing to help China out compete the U.S. in order to protect big drug companies,' Jean-Pierre said By Nikki Schwab, Senior U.S. Political Reporter For Dailymail.com
Published: 01:39 BST, 1 July 2022 | Updated: 01:40 BST, 1 July 2022
Senate Minority Leader Mitch McConnell threatened to tank a bipartisan bill that puts $52 billion toward the semiconductor industry to compete with China if Democrats try to resurrect President Joe Biden's Build Back Better plan.
'Let me be perfectly clear: there will be no bipartisan USICA as long as Democrats are pursuing a partisan reconciliation bill,' McConnell tweeted late Thursday afternoon, using the acronym for the United States Innovation and Competition Act.
Press secretary Karine Jean-Pierre called McConnell's threat 'shocking' and 'outrageous,' in a statement issued as President Joe Biden was returning to the White House after his two-country trip to Europe.
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