US Senate Votes to Open Debate on China Tech Bill

US Senate Votes to Open Debate on China Tech Bill
US Senate Majority Leader Senator Chuck Schumer, Democrat of New York, attends a Senate Administration and Rules Committee mark up business meeting on Capitol Hill in Washington, DC, May 11, 2021. Saul Loeb/AFP via Getty Images
|Updated:

The U.S. Senate voted 86-11 on May 17 to open debate on a measure authorizing more than $110 billion for basic and advanced technology research over five years in the face of rising competitive pressure from China.

The Endless Frontier Act would authorize most of the money, $100 billion, to invest in basic and advanced research, commercialization of the research, and education and training programs in key technology areas like artificial intelligence (AI).