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Biden will go to Greensboro, North Carolina, to visit North
Carolina Agricultural and Technical State University and apply
pressure on Congress to approve the Bipartisan Innovation Act,
which aims to boost funding for U.S. production of
semiconductors.
"The Bipartisan Innovation Act will make record investments in
emerging technologies and American manufacturing. As the
president has said, we used to invest almost 2 percent of our
GDP in research and development. We don't now, but China is," a
White House official said.
Biden wants Congress to pass the legislation as soon as
possible, and is heartened that lawmakers from both the House of
Representatives and the Senate have begun working to iron out
differences between each chamber's version of the legislation,
the official said.
Other top Biden administration officials, including Labor
Secretary Marty Walsh and Commerce Secretary Gina Raimondo, are
fanning out across the country to put pressure on lawmakers to
pass the legislation.
(Reporting by Steve Holland; Reporting by Raju Gopalakrishnan)
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