
Haley opposes major computer chips bill: 'We don’t need to be China to beat China’
Fox News
Nikki Haley is warning about "corporate handouts" in the China competitiveness bill being debated in Congress, arguing that innovation is the solution instead.
Adam Shaw is a politics reporter for Fox News Digital, with a focus on immigration. He can be reached at adam.shaw2@fox.com or on Twitter: @AdamShawNY
The bill, aimed at boosting the U.S. semiconductor industry to give the U.S. the competitive edge over China, cleared a procedural vote in the Senate this week with 16 Republican votes.
The bill includes $52 billion in funding for the semiconductor industry, but has grown to include provisions that include research, intellectual property and other competition-related provisions -- meaning the price tag could pass $200 billion.
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