The Biden administration has rebuked Senate Minority Leader Mitch McConnell (R-Ky.) for threatening withdrawal of Republican support regarding a semiconductor bill if Democrats move ahead with their economic reconciliation bill.
“The Republican Senate leader is holding hostage a bipartisan package [semiconductor bill] to strengthen American competitiveness versus China, that would yield hundreds of thousands of manufacturing jobs in places like Southern Ohio, Idaho, and other states around the country. It would lower the cost of countless products, and end our reliance on imports,” a June 30 statement from White House Press Secretary Karine Jean-Pierre said.
She went on to claim that Senate Republicans are choosing to “help China” to outcompete the United States in a bid to protect the interests of drug companies. This takes the Republican Party’s loyalty to special interests over working-class Americans to a “new and shocking height,” Jean-Pierre said….