By Andrew Small
A drive in the Senate to quickly pass $52 billion in grants and incentives for US semiconductor manufacturing picked up steam in Congress despite last-minute lobbying for changes.
Senate Majority Leader Chuck Schumer (D-N.Y.) said Monday that Democrats and Republicans were “hashing out the final details on a bill so we can move forward this week.”
He set a procedural vote for Tuesday.
The bill is a drastically scaled back version of the US Innovation and Competition Act that passed the Senate last year based on legislation originally introduced by Schumer and Sen. Todd Young (R-Ind.).
Young also wants to …
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