Sweeping legislation to boost U.S. competitiveness with China and fund much-needed semiconductor production passed the Senate with bipartisan support in June, but has stalled in the House of Representatives and now faces an uphill climb to become law before next year, if ever.
Although President Joe Biden's Democrats control both the Senate and House, and the White House says competing with China is a top priority, House members said they wanted to write their own bill, not consider the Senate-passed U.S. Innovation and Competition Act, or USICA.
Five months later, the House has not voted on its own bill nor taken up USICA. And with a packed legislative agenda, there is scant time to do so in 2021.