House Republican deficit plan seen as shift in thinking on China – Roll Call

The expansion of basic scientific research enshrined in a 2022 bipartisan law, funded through the National Science Foundation, is at pretty serious risk, Atkinson said in an interview. Biomedical research at the National Institutes of Health and clean energy programs at the Energy Department also are at risk, he said.

After signing the legislation, which authorized $81 billion for the National Science Foundation over five years to advance research in several critical areas, President Joe Biden called it a once-in-a-generation investment in America itself.

Lawmakers from both parties called it a long overdue response to Chinas growing strength in high-tech areas including artificial intelligence, quantum computing and biotech.

The legislation also separately appropriated $52 billion in federal grants to U.S. semiconductor manufacturers to rebuild domestic chip production that has moved abroad over the years.

House Republicans, faced with a vote to raise the national debt limit, are using it to put pressure on Biden and congressional Democrats to cut spending. The House passed a bill last month that would reduce the deficit by $4.8 trillion in exchange for lifting the debt limit until the first quarter of next year.

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House Republican deficit plan seen as shift in thinking on China - Roll Call