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Congress

Senate Passes $250 Billion China Competition Bill, Schumer Urges Quick House Consideration

By Matthew Beinart

Wednesday, June 9th, 2021

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Senate Passes $250 Billion China Competition Bill, Schumer Urges Quick House Consideration

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

The Senate on Tuesday evening passed a bipartisan bill to invest $250 billion toward technology research and development efforts to better compete with China, to include more than $50 billion aimed at bolstering domestic semiconductor production. Senate Majority Leader Chuck Schumer (D-N.Y.), who co-sponsored the U.S. Innovation and Competition Act (USICA) along with Sen. Todd Young (R-Ind.), urged the House on Wednesday to consider the legislation quickly, while companion legislation has yet to advance and a pair of separate bills…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

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 […]