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Bipartisan Bill Aims To Invest $100 Billion In Emerging Tech R&D To Stay Ahead Of China

By Matthew Beinart

Wednesday, April 21st, 2021

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Bipartisan Bill Aims To Invest $100 Billion In Emerging Tech R&D To Stay Ahead Of China

Senate Majority Leader Chuck Schumer (D-N.Y.)

A bipartisan group of lawmakers reintroduced a bill Wednesday aimed at bolstering U.S. research and development(R&D) efforts to stay ahead of China, to include establishing a new directorate to invest $100 billion over five years in emerging technology efforts. The Endless Frontier Act, led by Senate Majority Leader Chuck Schumer (D-N.Y.), Sen. Todd Young (R-Ind.) and Reps. Ro Khanna (D-Calif.) and Mike Gallagher (R-Wisc.), would also invest $2.4 billion to enhance U.S. manufacturing, authorize $10 billion at the Department of…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]