China Bill Timetable in Senate Slowed by Wrangling Over Details

  • Schumer set goal of finishing work by end of this week
  • Bill includes $100 billion for research, money for chips
WATCH: White House National Climate Advisor Gina McCarthy talks about the future of electric cars, competition from China, and infrastructure.(Source: Bloomberg)
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Majority Leader Chuck Schumer’s plan for the Senate to pass a sweeping bill this week to help the U.S. compete with China is being swamped by Republican requests for changes and additions that risks dragging out debate.

“This thing needs some work and I’m not sure we’re at the point where we can do what needs to be done” to get it passed, said Senator Jim Risch, the ranking Republican on Foreign Relations Committee. Getting to a final vote within days “is really ambitious,” he said.