Washington, June 12 (IANS) A bipartisan group of US lawmakers has introduced legislation aimed at boosting semiconductor manufacturing in space, arguing that the United States risks falling behind China in a critical area of advanced technology.The proposed Semiconductor Superiority Act, which has been introduced by Republican Senator Ted Budd and Democratic Senator Michael Bennet, would clarify that semiconductor manufacturing facilities operating in low-Earth orbit are eligible for tax incenti…
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Washington, May 8 (IANS) A bipartisan group of US senators has reintroduced a resolution backing the US dollar’s status as the world’s reserve currency, warning that China is accelerating efforts to build an alternative global financial system centred around the yuan.The resolution, introduced by Ted Budd and Jeanne Shaheen, says Beijing’s push to internationalise the yuan poses economic and national security risks to the United States and its allies.“Continued cooperation and sustained …
Washington, March 31 (IANS) A group of Republican senators has introduced new legislation aimed at preventing illegal immigrants from obtaining or using commercial driver’s licences (CDLs), proposing strict penalties for both drivers and states that issue such licences.The bill, titled the Dalilah’s Law Act, was introduced by Senators Shelley Moore Capito, John Cornyn, Ted Budd, Cynthia Lummis and Tommy Tuberville. It seeks to tighten federal oversight and impose criminal and civil penalties…