Sanders Files Amendment to Limit $76 Billion in 'Corporate Welfare' for Microchip Industry

  • 📰 commondreams
  • ⏱ Reading Time:
  • 18 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Politics Nouvelles

Corporate Welfare,Corporate Power,Bernie Sanders

Jake Johnson is a senior editor and staff writer for Common Dreams.

Sen. Bernie Sanders on Tuesday introduced an amendment that would impose restrictions on the billions of dollars in federal subsidies and tax credits that Congress is poised to hand to the profitable U.S. microchip industry, which has been lobbying aggressively for the handouts.

'Do you want those investments in the U.S., or are we simply not competitive enough to do them here and we need to go to Europe or Asia?'Sanders responded directly to Gelsinger's remarks during his floor speech Tuesday, saying, 'I am thankfully not a lawyer, but that sure sounds like extortion to me.''What Mr.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 530. in BE

Belgique Dernières Nouvelles, Belgique Actualités