Majority Leader Schumer Floor Remarks On The Senate Moving Forward On Legislation To Lower Costs And Boost American Manufacturing
Washington, D.C. – Senate Majority Leader Chuck Schumer (D-NY) today spoke on the Senate floor regarding the Senate moving forward on bipartisan competitiveness legislation. Below are Senator Schumer’s remarks, which can also be viewed here:
On the legislative front, the Senate is pressing ahead on bipartisan competition legislation to lower costs, boost American manufacturing, and fuel another generation of American scientific ingenuity.
For the information of all Senators, last night I moved to file cloture on both the substitute amendment and the underlying legislation for our competitive legislation.
As I’ve said previously, our plan has been to take up the House-passed version of this legislation and amend it with the exact same language the Senate approved last summer with bipartisan support, the US Innovation and Competition Act.
Once we pass this amended bill, it will go back to the House and they will be able to request a Conference Committee.
As convoluted as the Senate process often is, the bottom line is that the train is moving forward when it comes to this bill.
A lot of Senators from both parties have worked for years to see legislation like this reach the President’s desk: if the United States is to thrive in the 21st century, we need to keep our competitive edge in science and innovation and this bill would do just that.
We must continue growing American jobs. We must continue to lower the price of critical technologies like semiconductors, and this bill would do just that as well.
We have a few more steps to take before we reach a Conference, but support of this bill is strong and bipartisan and the process is moving forward.
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