House to Vote on Bill to Boost US Computer Chip Production

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House to Vote on Bill to Boost US Computer Chip Production
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Criticizing China has become a bipartisan playbook in Washington, but Republicans are panning the measure as “toothless” and short of what is needed to hold the country accountable.

Rep. Michael McCaul, the ranking Republican on the House Foreign Affairs Committee, called it an “unaccountable UN slush fund" that has already provided at least $100 million to China.

The pandemic has strained the supply chain for the chips. The Commerce Department issued a report last week that found the median inventory of some semiconductor products had fallen from 40 days in 2019 to less than five days in 2021. The report also said stakeholders don’t see the problem going away in the next six months. The administration cited the findings in calling for Congress to act.

Republicans dismissed the provision as “no independent investigation, no sanctions, no punishment." They want a select committee of lawmakers to look into the origins of COVID-19. “Instead of taking action to get a real accountability, it's going to ask them for a report," said Republican leader Kevin McCarthy of California.

Wondering why there are shortages of food, cars, chips and many more essential products in 2021? Here’s how COVID crashed the supply chain.

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