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Senate Looks To Beat China In Tech War, Approves $250 Billion For Research And Development

Ian Haworth
Senate Looks To Beat China In Tech War, Approves $250 Billion For Research And Development
Kevin Dietsch/Getty Images

On Tuesday, the U.S. Senate approved a bipartisan, $250 billion bill which seeks to undermine Chinese ambitions in the technological space by boosting U.S. competitiveness, providing funding for technology research and development.

After being delayed before the Senate’s Memorial Day recess, with some Republican senators raising “last-minute concerns about its size and scope,” the bill passed, 68 votes to 32, according to The Wall Street Journal.

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